Except as otherwise provided by law of this State other than this Act, property that a receiver or owner acquires after appointment of the receiver is subject to a security agreement entered into before the appointment to the same extent as if the court had not appointed the receiver.
765 ILCS 1090/10
Security agreement covering after-acquired property
Known as the Illinois Receivership Act
The act spans §§ 765-1090-1 to 765-1090-9 (29 sections).
P.A. 104-34, eff. 1-1-26.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.