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IN THE CIRCUIT COURT OF COOK COUNTY, ILLINOIS
COUNTY DEPARTMENT, CHANCERY DIVISION

 

 

IN THE MATTER OF THE POSSESSION  §
AND CONTROL OF THE COMMISSIONER §
OF BANKS AND REAL ESTATE OF § Cause No. 00CH05905
     
INDEPENDENT TRUST §
CORPORATION a/k/a INTRUST, an  §
Illinois corporate fiduciary §

ORDER

        On this day the Court considered the Motion for Second Supplemental Order of Administration ("Motion") filed by PricewaterhouseCoopers LLP, as Receiver ("Receiver"), with the consent of the Commissioner of Banks and Real Estate for the State of Illinois (the "Commissioner"), in connection with INDEPENDENT TRUST CORPORATION a/k/a INTRUST ("Independent"). IT IS HEREBY ORDERED THAT: 

    1.    The Receiver's motion for authority to allow disbursements to pay investment manager fees is denied without prejudice.

    2.    The Receiver's actions taken in reliance on Commissioner Directives 2, 3, 4 and 5 in permitting withdrawals on the basis of hardship are hereby ratified; provided that no further withdrawal from any account on the basis of hardship shall be permitted in excess of $5000 except upon further order of this Court.

SIGNED AND ENTERED this ___ day of May, 2000.

                                                              ______________________________
                                                              CIRCUIT COURT JUDGE PRESIDING

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