{"data":{"id":"us-il/65-ilcs-5-11-31-2.3","jurisdiction":"us-il","citation":"65 ILCS 5/11-31-2.3","heading":"","body":"If a receiver is appointed pursuant to Section 11-31-2 of this Act, the applicant's bond shall be excused. The court also may excuse the surety on the receiver's bond upon a showing that the receiver is especially qualified for the appointment. Evidence of special qualifications shall include but not be limited to: (a) satisfactory past performance as a receiver; (b) prior real estate management or development experience; (c) licensure or certification in a relevant profession or occupation; or (d) specialized training as a receiver.","path":["CHAPTER 65 MUNICIPALITIES","Illinois Municipal Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=802\u0026ChapterID=14\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:23Z","sha256":"caa0423bd0073ca4b8306ad66cae8d97fa0c94c2f85269fc25b9166332383649","source_id":"us-il","stale":false,"prev":"us-il/65-ilcs-5-11-31-2.2","next":"us-il/65-ilcs-5-11-31.1-1"},"notice":"GroundRules: Original legal text. Not legal advice."}