Illinois Compiled Statutes 765 Property: Article -
- Illinois Termination of Powers Act. - 765 ILCS 325, Section 0.01
Short title. This Act may be cited as the Termination of Powers Act. (Source: P.A. 86-1324.)
- Illinois Termination of Powers Act. - 765 ILCS 325, Section 1
Definitions. When used in this Act unless the context otherwise requires: (a) "Power" includes any power of appointment, any power to invade property, any...
- Illinois Termination of Powers Act. - 765 ILCS 325, Section 2
Right to release. The donee of a power may: (a) At any time completely release his power. (b) At any time or times release...
- Illinois Termination of Powers Act. - 765 ILCS 325, Section 3
Manner of effecting release. A release of a power whether complete or partial is effective when the donee thereof signs an instrument in writing...
- Illinois Termination of Powers Act. - 765 ILCS 325, Section 4
Release heretofore made. A release of a power executed prior to the effective date of this Act has the same effect as if this...
- Illinois Termination of Powers Act. - 765 ILCS 325, Section 5
Right of release not exclusive. The rights and means provided for in this Act for the release of a power are not exclusive, but...
- Illinois Termination of Powers Act. - 765 ILCS 325, Section 6
Severability. If any provision of this Act or the application thereof is held invalid, such invalidity shall not affect the other provisions or applications...
Last modified: February 18, 2015