Illinois Statutes

§ 6-14

Illinois·Topic REGULATION·Ch. 205 FINANCIAL REGULATION·Act 205 ILCS 620/ Corporate Fiduciary Act.·Art. Article VI - Receiver and Involuntary Liquidation
From time to time during receivership the Commissioner shall make and pay from monies of the corporate fiduciary a ratable dividend on all claims as may be proved to his or her satisfaction or adjudicated by the court. After one year from the entry of a judgment of dissolution, all unclaimed dividends shall be remitted to the State Treasurer in accordance with the Revised Uniform Unclaimed Property Act, as now or hereafter amended, together with a list of all unpaid claimants, their last known addresses and the amounts unpaid.

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Legislative History

(Source: P.A. 100-22, eff. 1-1-18 .)

Nearby Sections

15
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