Illinois Compiled Statutes 765 Property: Article -

• Illinois Statute Concerning Perpetuities. - 765 ILCS 305, Section 1
  Title. This Act shall be known and may be cited as the "Statute Concerning Perpetuities". (Source: P.A. 76-1428.)
• Illinois Statute Concerning Perpetuities. - 765 ILCS 305, Section 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...
• Illinois Statute Concerning Perpetuities. - 765 ILCS 305, Section 3
  Definitions and Terms. As used in this Act unless the context otherwise requires: (a) "Trust" means any trust created by any written instrument, including,...
• Illinois Statute Concerning Perpetuities. - 765 ILCS 305, Section 4
  Application of the Rule Against Perpetuities. (a) The rule against perpetuities shall not apply: (1) to any disposition of property or interest therein which,...
• Illinois Statute Concerning Perpetuities. - 765 ILCS 305, Section 5
  Trusts. (a) Subject to the provisions of paragraphs (e) and (f) of this Section a trust containing any limitation which, but for this paragraph...
• Illinois Statute Concerning Perpetuities. - 765 ILCS 305, Section 6
  Effective Date. This Act shall apply only to instruments, including instruments which exercise a power of appointment, which become effective after the effective date...

Last modified: February 18, 2015