Illinois § 1303 Governing law

Illinois Statutes

§ 1303 — Governing law

Illinois § 1303

JurisdictionIllinois

TopicRIGHTS AND REMEDIES

Ch. 760TRUSTS AND FIDUCIARIES

Act 760 ILCS 3/Illinois Trust Code.

Art.Article 13 - Uniform Powers of Appointment Law

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Bluebook

760 Ill. Comp. Stat. 1303 (2026).

Text

Unless the terms of the instrument creating a power of appointment manifest a contrary intent:

(1)the creation, revocation, or amendment of the power is governed by the law of the donor's domicile at the relevant time; and (2) the exercise, release, or disclaimer of the power, or the revocation or amendment of the exercise, release, or disclaimer of the power, is governed by the law of the powerholder's domicile at the relevant time.

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Unless the terms of the instrument creating a power of appointment manifest a contrary intent: (1) the creation, revocation, or amendment of the power is governed by the law of the donor's domicile at the relevant time; and (2) the exercise, release, or disclaimer of the power, or the revocation or amendment of the exercise, release, or disclaimer of the power, is governed by the law of the powerholder's domicile at the relevant time.