Illinois Code § 210 ILCS 45/3-513

(a) In any action or special proceeding brought against a receiver
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in the receiver's official capacity for acts committed while carrying out
powers and duties under this Article, the receiver shall be considered a
public employee under the "Local Governmental and Governmental Employees
Tort Immunity Act", as now or hereafter amended.

 
(b) A receiver may be held liable in a personal capacity only for the
receiver's own gross negligence, intentional acts or breach of fiduciary duty.

 
(c) The court may require a receiver to post a bond.

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