Illinois Compiled Statutes 760 Trusts and Fiduciaries: Article -

• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 1
  Short title. This Act may be cited as the "Common Trust Fund Act". (Source: Laws 1943, vol. 1, p. 230.)
• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 2
  Definitions.) As used in this Act, unless the context otherwise requires: (a) "Bank or trust company" means any state bank, any national bank, any...
• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 3
  Establishment of common trust fund. Any bank or trust company may, at and during such time as it is qualified to act as a...
• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 3.1
  Participation by affiliates.) Any bank or trust company may include for the purpose of collective investment in any common trust fund or funds established,...
• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 4
  Written plan.) Each common trust fund shall be established, administered and maintained in accordance with a written declaration of trust, herein referred to as...
• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 5
  Management of the common trust funds. Title to all assets of the common trust fund shall, at all times, be vested in the bank...
• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 6
  Participation in common trust fund.) The bank or trust company shall designate clearly upon its records the names of the fiduciary accounts on behalf...
• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 7
  Severability. If any provision of this Act or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect...
• Illinois Common Trust Fund Act. - 760 ILCS 45, Section 8
  Reliance on Commissioner of Banks and Real Estate. No fiduciary or other person shall be liable under this Act for any act done or...

Last modified: February 18, 2015