Illinois § 24
Full text of Illinois Illinois Compiled Statutes § 24, with citation guidance and answers to common questions.
§ 24.
Receivership in another state; ancillary proceeding. (a) The court may appoint a foreign receiver as an ancillary receiver with respect to property located in this State or subject to the jurisdiction of the court for which a receiver could be appointed under this Act, if: (1) the person would be eligible to serve as receiver under Section 7 of this Act; and (2) the appointment furthers the person's possession, custody, control, or disposition of property subject to the receivership in the other state. (3) the appointment is authorized by the court that appointed the foreign receiver. (b) The court may issue an order that gives effect to an order entered in another state appointing or directing a receiver. (c) Unless the court orders otherwise, an ancillary receiver appointed under subsection (a) has the rights, powers, duties and obligations of a receiver appointed under this Act. (Source: P.A. 104-34, eff. 1-1-26.)
Frequently Asked Questions About Illinois § 24
What does Illinois Compiled Statutes § 24 cover?
Section 24 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 24?
A common citation format is "Illinois Compiled Statutes § 24" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 24 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.