Illinois Compiled Statutes 755 ILCS 5 Probate Act of 1975. Section 21-2.13

    (755 ILCS 5/21-2.13) (from Ch. 110 1/2, par. 21-2.13)

    Sec. 21-2.13. Common trust funds. Interests in one or more common trust funds, as defined in and from time to time established, maintained and administered pursuant to the Common Trust Fund Act, the investments of which are not restricted to the investments otherwise authorized for representatives by Sections 21-2.01 through 21-2.12 and 21-2.14 of this Act, provided that the investment in such common trust fund meets the standard of the prudent investor rule for the investment of trust funds.

(Source: P.A. 90-796, eff. 12-15-98.)

Sections:  Previous  21-2.03  21-2.04  21-2.05  21-2.06  21-2.07  21-2.08  21-2.09  21-2.10  21-2.11  21-2.12  21-2.13  21-2.13a  21-2.14  21-2.14a  21-2.15  Next

Last modified: February 18, 2015