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765 ILCS 1090/5

Power of court

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.

The court that appoints a receiver under this Act has exclusive jurisdiction and authority: (a) to direct and control the receiver; (b) over all receivership property wherever located; (c) to determine all controversies related to the receivership or the collection, preservation, improvement, disposition, and distribution of receivership property; and (d) over all matters otherwise arising in or relating to the receivership, the receivership property, the exercise of the receiver's powers, or the performance of the receiver's duties.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.