Home/Illinois/Statutes/Topic: RIGHTS AND REMEDIES/Ch. 760: TRUSTS AND FIDUCIARIES/Act 760 ILCS 3/: Illinois Trust Code./Art.: Article 10 - Liability of Trustees and Rights of Persons Dealing With Trustee/§ 1006
Illinois Statutes

§ 1006 — Reliance on trust instrument

Illinois·Topic RIGHTS AND REMEDIES·Ch. 760 TRUSTS AND FIDUCIARIES·Act 760 ILCS 3/ Illinois Trust Code.·Art. Article 10 - Liability of Trustees and Rights of Persons Dealing With Trustee
A trustee who acts in reasonable reliance on the express language of the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.

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Illinois § 1006 (Reliance on trust instrument) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Source: P.A. 101-48, eff. 1-1-20 .)

Nearby Sections

15
§ 10
§ 10
§ 10.1
Repeal
§ 10.2
(Amendatory provisions; text omitted)
§ 1001
Remedies for breach of trust
§ 1002
Damages for breach of trust
§ 1003
No damages in absence of breach
§ 1004
Attorney's fees and costs
§ 1005
Limitation on action against trustee
§ 1006
Reliance on trust instrument
§ 1007
Event affecting administration or distribution
§ 1008
Exculpation of trustee
§ 1009
Beneficiary's consent, release, or ratification
§ 101
Short title
§ 1010
Limitation on personal liability of trustee
§ 1011
Interest as general partner
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