Illinois Compiled Statutes 760 Trusts and Fiduciaries: Article -

• Illinois Charitable Trust Act. - 760 ILCS 55, Section 1
  This Act may be cited as Charitable Trust Act. (Source: Laws 1961, p. 2094.)
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 2
  This Act applies to any and all trustees, as defined in Section 3, holding property of a value in excess of $4,000. (Source: P.A....
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 3
  "Trustee" means any person, individual, group of individuals, association, corporation, not-for-profit corporation, estate representative, or other legal entity holding property for or solicited for...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 4
  (a) This Act does not apply to the United States, any State, territory or possession of the United States, the District of Columbia, the...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 5
  Registration requirement. (a) The Attorney General shall establish and maintain a register of trustees subject to this Act and of the particular trust or other...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 5A
  Organizations that have been approved for participation under the Voluntary Payroll Deductions Act of 1983 shall be reported to the Attorney General by the...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 6
  (a) Every trustee subject to this Act who has received property for charitable purposes shall file and register with the Attorney General, within 6...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 7
  (a) Except as otherwise provided, every trustee subject to this Act shall, in addition to filing copies of the instruments previously required, file with...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 7.5
  Charitable trust for the benefit of a minor or disabled person; report. (a) In the case of a charitable trust established for the benefit...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 8
  The Attorney General may make additional rules and regulations necessary for the administration of this Act. (Source: Laws 1961, p. 2094.)
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 9
  The Attorney General may investigate transactions and relationships of trustees subject to this Act for the purpose of determining whether the property held for...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 10
  When the Attorney General requires the attendance of any person, as provided in Section 9, he shall issue an order setting forth the time...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 11
  Subject to reasonable rules and regulations adopted by the Attorney General, the register, copies of instruments and reports filed with the Attorney General shall...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 12
  The Attorney General may institute appropriate proceedings to secure compliance with this Act and to secure the proper administration of any trust or other...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 13
  This Act shall apply regardless of any contrary provisions of any instrument. (Source: Laws 1961, p. 2094.)
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 14
  If any provision of this Act or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 15
  (a) Charitable trustees are subject to certain duties otherwise defined in Illinois statutes and case law, which include but are not limited to the...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 15.5
  Termination and transfer of certain trusts. (a) If a trustee who is subject to this Act determines that the continued administration of a trust...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 16
  (a) Any person who, intentionally and in breach of fiduciary duty with malice, misuses charitable assets is subject to punitive damages in an appropriate...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 16.5
  Terrorist acts. (a) Any person or organization subject to registration under this Act, who knowingly acts to further, directly or indirectly, or knowingly uses charitable...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 17
  Any trustee who with malice and without lawful authority, in violation of the trust purposes or by intentional breach of fiduciary duty, intentionally disburses...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 18
  All copies of registration materials or financial documents filed with the Attorney General pursuant to the provisions of this Act shall, when certified by...
• Illinois Charitable Trust Act. - 760 ILCS 55, Section 19
  There is created in the State Treasury the Illinois Charity Bureau Fund. All fees and penalties collected by the Attorney General pursuant to this...

Last modified: February 18, 2015