Illinois Compiled Statutes 760 ILCS 5 Trusts and Trustees Act. Section 2
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Illinois Laws
(760 ILCS 5/2) (from Ch. 17, par. 1652)
Sec. 2.
Definitions.
As used in this Act:
(1) "Trust" means a trust created by will, deed, agreement, declaration
or other written instrument;
(2) "Trustee" means the trustee or any successor or added trustee of the
trust, whether appointed by or pursuant to the instrument creating the
trust, by order of court or otherwise, and includes an individual and a
corporation qualified to administer trusts in this State under "An Act to
provide for and regulate the administration of trusts by trust companies",
approved June 15, 1887, as amended, or under "An Act authorizing foreign
corporations, including banks, and national banking associations domiciled
in other states, to act in a fiduciary capacity in this State upon certain
conditions herein set forth", approved July 13, 1953, as amended.
(Source: P.A. 78-625.)
Sections: 1 2 3 4 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 4.10 4.11
Last modified: February 20, 2012
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