Illinois Compiled Statutes 760 ILCS 5 Trusts and Trustees Act. Section 10
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Illinois Laws
(760 ILCS 5/10) (from Ch. 17, par. 1680)
Sec. 10.
Majority of Trustees to Act.
If there are 3 or more trustees of a trust, a majority of the trustees
are competent to act in all cases after prior written notice to, or written
waiver of notice by, each other trustee, but a dissenting trustee has no
liability for the acts of the majority.
(Source: P.A. 78-625.)
Sections: 5.2 5.3 5.5 6 7 8 9 10 11 12 13 14 15 15.1 15.2
Last modified: February 20, 2012
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