Power of court

The court that appoints a receiver under this Act has exclusive jurisdiction and authority: (a) to direct and control the receiver; (b) over all receivership property wherever located; (c) to determine all controversies related to the receivership or the collection, preservation, improvement, disposition, and distribution of receivership property; and (d) over all matters otherwise arising in or relating to the receivership, the receivership property, the exercise of the receiver's powers, or the performance of the receiver's duties. (Source: P.A. 104-34, eff. 1-1-26 .)