Illinois Compiled Statutes 765 ILCS 410 Land Trust Successor Trustee Act. Section 2

    (765 ILCS 410/2) (from Ch. 148, par. 62)

    Sec. 2. A land trust agreement may provide that the trustee, when directed to do so by the beneficiaries of the trust or their legal representatives, may convey the trust property directly to another trustee on behalf of said beneficiaries, or others named by said beneficiaries.

(Source: P.A. 82-394.)

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Last modified: February 18, 2015