§ 215 ILCS 5/221.1 Definitions
§ 215 ILCS 5/221.2 Ancillary delinquency proceedings
§ 215 ILCS 5/221.3 Filing and proving of claims of non-residents against delinquent domiciliary insurers
§ 215 ILCS 5/221.4 Proof of claims of residents in connection with delinquency proceedings in other states
§ 215 ILCS 5/221.5 Priority of preferred claims
§ 215 ILCS 5/221.6 Priority of special deposit claims
§ 215 ILCS 5/221.7 Priority of secured claims
§ 215 ILCS 5/221.8 Right of domiciliary receiver to residium of assets of insurers domiciled in ancillary states
§ 215 ILCS 5/221.9 Attachment and garnishment of assets
§ 215 ILCS 5/221.10 Declaration of purpose
§ 215 ILCS 5/221.11 Proceedings governed by Civil Practice Law and Supreme Court Rules.) …
§ 215 ILCS 5/221.12 Sections 211, 212, 213, 214, 215, 216, 217, 218, 219 and 220, each …
§ 215 ILCS 5/221.13 Uniformity of interpretation
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Terms Used In Illinois Compiled Statutes > 215 ILCS 5 > Article XIII 1/2 - Uniform Provisions For Liquidation

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Heretofore: means any time previous to the day on which the statute takes effect; and the word "hereafter" at any time after such day. See Illinois Compiled Statutes 5 ILCS 70/1.17
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
  • United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14