(205 ILCS 620/6-13) (from Ch. 17, par. 1556-13)
Sec. 6-13.
All expenses of a receivership, including
reasonable receiver's and attorney's fees, approved by the
Commissioner, shall be paid out of the assets of the corporate
fiduciary. All expenses of any preliminary or other examination
into the condition of any such corporate fiduciary or
receivership, and all expenses incident to and in connection with
the possession and control of the corporate fiduciary and its
assets for the purpose of examination, reorganization or
liquidation through receivership shall be paid out of the assets
of such corporate fiduciary. The payment herein authorized may
be made by the Commissioner with monies and property of the
corporate fiduciary in his or her possession and control and
shall have priority over all claims but shall not give rise to a
claim against properties held by the corporate fiduciary in a
fiduciary capacity.
If monies and property of the corporate fiduciary are insufficient to pay
such expenses, they may be paid from the Corporate Fiduciary Receivership
account in the Bank and Trust Company Fund established pursuant to Section
5-10 of this Act.
(Source: P.A. 86-754; 86-952; 86-1028.)
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