(205 ILCS 5/66)
(from Ch. 17, par. 378)
Validation of dividends; destruction of records.
In all cases where the Commissioner prior to the taking effect of this
Act has made ratable dividends of money on claims which have been proven to
the satisfaction of the Commissioner or adjudicated in any court of this
State, such dividends are hereby ratified and confirmed and made valid and
legal in all respects. All records of receiverships heretofore and
hereafter received by the Commissioner or by a receiver appointed by the
Commissioner shall be held by the Commissioner or such receiver for the period
of 2 years after the close of the receivership and at the termination of
said 2 year period may then be destroyed.
(Source: P.A. 86-754.)