760 ILCS 3/809

Current through Public Act 103-1052

Section 760 ILCS 3/809 - [Effective 1/1/2025] Control and protection of trust property

A trustee shall take reasonable steps to take control of and protect the trust property, including searching for and claiming any unclaimed or presumptively abandoned property. If a corporation is acting as co-trustee with one or more individuals, the corporate trustee shall have custody of the trust estate unless all the trustees otherwise agree.

760 ILCS 3/809

Amended by P.A. 103-0977,§ 7, eff. 1/1/2025.

Added by P.A. 101-0048,§ 809, eff. 1/1/2020.

This section is set out more than once due to postponed, multiple, or conflicting amendments.