Ill. R. Cir. Ct. Cook Cnty. 8.6

As amended through September 23, 2024
Rule 8.6 - Receivers' Bank Accounts
(a) Where the amount to be collected during the period of the receivership will equal or exceed $5,000.00 a separate bank account for that receivership must be carried.
(b) Receivers are to carry no more than $5,000.00 in a checking account. Any amount in excess of $5,000.00 shall be deposited in an interest-bearing account.
(c) Receivers of multiple dwelling properties shall file interim reports covering each six months period and the reports shall contain evidence of the amount of funds on hand.

Ill. R. Cir. Ct. Cook Cnty. 8.6

Adopted May 17, 1976, effective 7/1/1976.