(765 ILCS 1025/24.5)
Sec. 24.5.
Contingency fees.
The State may not enter into a contract
with a person to conduct an examination of a holder located within the State of
Illinois under which the State agrees to pay such person a fee based upon a
percentage of the property recovered for the State of Illinois. Nothing in
this Section prohibits the Office of the State Treasurer from entering into
contracts with persons to examine holders located outside the State of Illinois
under which the Office of the State Treasurer agrees to pay such persons based
upon a percentage of the property recovered for the State of Illinois.
(Source: P.A. 91-16, eff. 7-1-99.)
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