Illinois Compiled Statutes 765 Property: Article -
- Illinois Land Trust Fiduciary Duties Act. - 765 ILCS 435, Section 1
Short title. This Act may be cited as the Land Trust Fiduciary Duties Act. (Source: P.A. 91-433, eff. 8-6-99.)
- Illinois Land Trust Fiduciary Duties Act. - 765 ILCS 435, Section 5
Legislative finding; purpose. (a) The General Assembly finds that the Illinois judiciary system and the federal judiciary system have unclear court decisions as to...
- Illinois Land Trust Fiduciary Duties Act. - 765 ILCS 435, Section 10
Holders of the power of direction; definition. "Holders of the power of direction" means the persons or entities having the authority to direct the...
- Illinois Land Trust Fiduciary Duties Act. - 765 ILCS 435, Section 15
Fiduciary duties of holders of the power of direction. The power of direction, unless provided otherwise in the land trust agreement, is conferred upon...
- Illinois Land Trust Fiduciary Duties Act. - 765 ILCS 435, Section 20
Application of Act. This Act is declaratory of existing law and is intended to remove any possible conflicts or ambiguities, thereby confirming the existing...
- Illinois Land Trust Fiduciary Duties Act. - 765 ILCS 435, Section 99
Effective date. This Act takes effect upon becoming law. (Source: P.A. 91-433, eff. 8-6-99.)
Last modified: February 18, 2015