Illinois Compiled Statutes 755 Estates: Article XXI - Investments by Representative

• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1
  Investments - decedent's estate.) In addition to any investments which a decedent may authorize his executor to make by the terms of his will,...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1.01
  Direct obligations of the United States or any instrumentality or agency thereof or obligations fully guaranteed by the United States, or any instrumentality or...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1.02
  Obligations of a local public agency (as defined in Section 110(h) of the federal Housing Act of 1949) or of a public housing agency...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1.03
  Savings accounts or certificates of deposit of a state bank or a national bank doing business in Illinois to the extent that the deposits...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1.04
  Withdrawable capital accounts, deposits, investment certificates or certificates of deposit of a state savings and loan association or a federal savings and loan association...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1.05
  Interests in one or more common trust funds, as defined in and from time to time established, maintained and administered pursuant to the Common...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1.05a
  Interests in any open-end registered investment company registered under the federal Investment Company Act of 1940, provided that the portfolio of any such company...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1.06
  Any other investments authorized by a court of competent jurisdiction or which from time to time have been or may be expressly declared by...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-1.07
  Interests in any open-end or closed-end management type investment company or investment trust (hereafter referred to as a "mutual fund") registered under the Investment...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2
  Investments; ward's estate. (a) It is the duty of the representative to invest the ward's money. A representative is chargeable with interest at a...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.01
  Obligations of the United States. (Source: P.A. 84-494.)
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.02
  Obligations of which both the principal and interest are guaranteed unconditionally by the United States. (Source: P.A. 84-494.)
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.03
  Obligations of any corporation wholly owned, directly or indirectly, by the United States or any agency or instrumentality of the United States. (Source: P.A.
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.04
  Insured accounts, deposits, and certificates. Withdrawable capital accounts, deposits, investment certificates or certificates of deposit of state and federal savings and loan associations but,...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.05
  Municipal bonds. Instruments providing for the payment of money executed by or on behalf of any state of the United States or the District...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.06
  Savings and time deposit certificates of a state bank or a national bank doing business in this State but, unless otherwise authorized by a...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.07
  Notes secured by real estate. All of the notes secured by a first mortgage or trust deed upon improved or income producing real estate...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.08
  Corporate obligations. Obligations of any company incorporated under the laws of the United States or of any state of the United States or the...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.09
  (Repealed). (Source: P.A. 79-328. Repealed by P.A. 90-796, eff. 12-15-98.)
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.10
  Real estate located in any state of the United States or the District of Columbia. (Source: P.A. 79-328.)
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.11
  Life, endowment, or annuity policies. Life, endowment, or annuity policies on the life of the ward, or on the life of any person in...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.12
  Stock. Shares of any corporation with a market capitalization of over $200,000,000 if the shares are listed and registered on an exchange registered with...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 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...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.13a
  (Repealed). (Source: P.A. 85-639. Repealed by P.A. 90-796, eff. 12-15-98.)
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.14
  Mutual funds. Interests in any open-end management type investment company or investment trust (hereafter referred to as a "mutual fund") registered under the Investment...
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.14a
  Illinois prepaid tuition contract. An Illinois prepaid tuition contract, as defined under the Illinois Prepaid Tuition Act. (Source: P.A. 91-867, eff. 6-22-00.)
• Illinois Probate Act of 1975. - 755 ILCS 5, Section 21-2.15
  Any other investments which from time to time have been or may be expressly declared by the General Assembly to be legal investments for...

Last modified: February 18, 2015