(205 ILCS 620/6-15) (from Ch. 17, par. 1556-15)
Sec. 6-15.
Whenever the Commissioner shall have taken
possession and control of a corporate fiduciary and its assets
for the purpose of examination, reorganization or liquidation
through receivership, or whenever the Commissioner shall have
appointed a receiver for a corporate fiduciary and filed a
complaint for the dissolution or for the winding up of the
affairs of a corporate fiduciary, and the corporate fiduciary
denies the grounds for such actions, it may at any time within
10 days apply to the Circuit Court of Sangamon County, Illinois,
to enjoin further proceedings in the premises; and such court
shall cite the Commissioner to show cause why further proceedings
should not be enjoined, and if the court shall find that such
grounds do not exist, the court shall make an order enjoining the
Commissioner and any receiver acting under his direction from all
further proceedings on account of such alleged grounds.
(Source: P.A. 85-858.)
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