Section 760.970 Action Involving Another State or Foreign Country

Section 760.970  Action Involving Another State or

Foreign Country

a)

The administrator may join another state or

foreign country to examine and seek enforcement of the Act against a putative

holder.

[765 ILCS 1026/15-1203(a)]

b)

On request of another state or foreign

country, the Attorney General may commence an action on behalf of the other

state or country to enforce, in Illinois, the law of the other state or country

against a putative holder subject to a claim by the other state or country.

[765

ILCS 1026/15-1203(b)]

c)

The administrator may request the official

authorized to enforce the unclaimed property law of another state or foreign

country to commence an action to recover property in the other state or country

on behalf of the administrator. Illinois may pay the costs, including

reasonable attorney's fees and expenses, incurred by the other state or foreign

country in an action under this subsection.

[765 ILCS 1026/15-1203(c)]

d)

The administrator may pursue an action on

behalf of Illinois to recover property subject to the Act but delivered to the

custody of another state if the administrator believes the property is subject

to the custody of the administrator.

[765 ILCS 1026/15-1203(d)]

e)

At the request of the administrator, the

Attorney General may commence an action to recover property on behalf of the

administrator in Illinois, another state, or a foreign country. With the

written consent of the Attorney General, the administrator may retain an

attorney in Illinois, another state, or a foreign country

as a special

assistant attorney general

to recover property on behalf of the

administrator in Illinois, another state, or a foreign country and may agree to

pay attorney's fees based in whole or in part on a fixed fee, hourly fee, or

percentage of the amounts or value of property recovered in the action

the administrator may retain an

attorney in Illinois, another state, or a foreign country

as a special

assistant attorney general

to recover property on behalf of the

administrator in Illinois, another state, or a foreign country and may agree to

pay attorney's fees based in whole or in part on a fixed fee, hourly fee, or

percentage of the amounts or value of property recovered in the action.

[765

ILCS 1026/15-1203(e)]

f)         In all actions commenced pursuant to Section

15-1203 of the Act, unless otherwise given permission in writing by the

Attorney General, the administrator shall be represented by the Attorney

General or a special assistant attorney general appointed by the Attorney

General.

g)

Expenses incurred by Illinois in an action

under

Section 15-1203 of the Act

may be paid from property received

under the Act or the net proceeds of the property. Expenses paid to recover

property may not be deducted from the amount that is subject to a claim under

the Act by the owner.

[765 ILCS 1026/15-1203(f)]