Illinois Statutes
§ 6-12
Illinois § 6-12
JurisdictionIllinois
TopicREGULATION
Ch. 205FINANCIAL REGULATION
Act 205 ILCS 620/Corporate Fiduciary Act.
Art.Article VI - Receiver and Involuntary Liquidation
This text of Illinois § 6-12 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
205 Ill. Comp. Stat. 6-12 (2026).
Text
The receiver shall serve at the pleasure of the Commissioner and upon the death, inability to act, resignation or removal by the Commissioner of a receiver, the Commissioner may appoint a successor and upon such appointment all rights and duties of the predecessor shall at once devolve upon such appointee.
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Legislative History
(Source: P.A. 85-1402.)
Nearby Sections
15
§ 6
Fiscal Year§ 6-1
Powers not exclusive§ 6-10
§ 6-10§ 6-11
§ 6-11§ 6-12
§ 6-12§ 6-13
§ 6-13§ 6-13.5
Pledging requirements§ 6-14
§ 6-14§ 6-15
§ 6-15§ 6-5
§ 6-5§ 6-6
§ 6-6§ 6-7
§ 6-7Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 6-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/205/6-12.