210 ILCS 40/9
210 ILCS 40/9
Illinois · Illinois Compiled Statutes 210 ILCS 40 — Life Care Facilities Act. · Status: effective
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- Citation
- 210 ILCS 40/9, Illinois, version 1 as recorded 2026-08-14, yourstate.us, https://yourstate.us/provision/1284124
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Full text
At any time the Director receives notice from the escrow agent that the provisions of Section 7 have not been complied with, or at any other time when the Director has reason to believe that the provider is insolvent, is in imminent danger of becoming insolvent or that its condition is such that it may be financially unable to fully perform its obligations pursuant to life care contracts, the Director shall, through the Attorney General, file an appropriate action on behalf of the State of Illinois and any or all residents in any court of competent jurisdiction, including the federal bankruptcy court or any other federal court. (Source: P.A. 82-547.)