Illinois Compiled Statutes 765 ILCS 305 Statute Concerning Perpetuities. Section 2

    (765 ILCS 305/2) (from Ch. 30, par. 192)

    Sec. 2. Purpose.

    This Act modifies the common law rule of property known as the rule against perpetuities, which, except as modified by statutes in force at the effective date of this Act and by this Act, shall remain in full force and effect.

(Source: P.A. 76-1428.)

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Last modified: February 18, 2015