(755 ILCS 5/19-14)
Sec. 19-14.
Administrator or executor; legal proceeding; participation.
If there is more than one
administrator or executor of a decedent's estate and one of the administrators
or
executors is a corporation qualified to act as a representative of the estate
of a decedent
and if the administrators or executors of the decedent's estate appear for and
represent the estate in a legal proceeding in which the compensation of the
attorney or
attorneys representing the administrators or executors is solely determined
under a
contingent fee arrangement, then upon petition and approval by the court, the
administrator or executor of the decedent's
estate which
is a corporation shall not participate in or have any duty to review the
prosecution of the
action, to participate in or review the appropriateness
of any settlement of the action, or
to
participate in or review any determination of the appropriateness of any fees
awarded to
the attorney or attorneys employed in the prosecution of the action.
(Source: P.A. 92-288, eff. 8-9-01.)
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