Illinois § 102 Scope

Illinois Statutes

§ 102 — Scope

Illinois § 102

JurisdictionIllinois

TopicRIGHTS AND REMEDIES

Ch. 760TRUSTS AND FIDUCIARIES

Act 760 ILCS 3/Illinois Trust Code.

Art.Article 1 - General Provisions and Definitions

This text of Illinois § 102 (Scope) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

760 Ill. Comp. Stat. 102 (2026).

Text

Except as otherwise provided, this Code applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment, or decree that requires the trust to be administered in the manner of an express trust. This Code does not apply to any:

(1)land trust;

(2)voting trust;

(3)security instrument such as a trust deed or mortgage;

(4)liquidation trust;

(5)escrow;

(6)instrument under which a nominee, custodian for property, or paying or receiving agent is appointed;

(7)trust created by a deposit arrangement in a banking or savings institution, commonly known as a "Totten trust" unless in the trust instrument any of the provisions of this Code are made applicable by specific reference; or (8) Grain Indemnity Trust Account or any other trust created under the G

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Except as otherwise provided, this Code applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment, or decree that requires the trust to be administered in the manner of an express trust. This Code does not apply to any: (1) land trust; (2) voting trust; (3) security instrument such as a trust deed or mortgage; (4) liquidation trust; (5) escrow; (6) instrument under which a nominee, custodian for property, or paying or receiving agent is appointed; (7) trust created by a deposit arrangement in a banking or savings institution, commonly known as a "Totten trust" unless in the trust instrument any of the provisions of this Code are made applicable by specific reference; or (8) Grain Indemnity Trust Account or any other trust created under the Grain Code.