Illinois Compiled Statutes 760 ILCS 5 Trusts and Trustees Act. Section 8

    (760 ILCS 5/8) (from Ch. 17, par. 1678)

    Sec. 8. Relation with Third Persons. Anyone dealing with the trustee is not obliged to inquire as to the trustee's powers or to see to the application of any money or property delivered to the trustee and may assume that the trust is in full force and effect, that the trustee is authorized to act and that his act is in accordance with the provisions of the trust instrument.

(Source: P.A. 78-625.)

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Last modified: February 18, 2015