Illinois Statutes
§ 1329
Illinois § 1329
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 760TRUSTS AND FIDUCIARIES
Act 760 ILCS 3/Illinois Trust Code.
Art.Article 13 - Uniform Powers of Appointment Law
This text of Illinois § 1329 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. 1329 (2026).
Text
Power to contract: presently exercisable power of appointment. A powerholder of a presently exercisable power of appointment may contract:
(1)not to exercise the power; or (2) to exercise the power if the contract when made does not confer a benefit on an impermissible appointee.
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Legislative History
(Source: P.A. 101-48, eff. 1-1-20 .)
Nearby Sections
15
§ 1301
Article title§ 1302
Definitions§ 1303
Governing law§ 1305
Nontransferability§ 1308
Rules of classification§ 1309
Power to revoke or amend§ 1314
Permissible appointmentCite This Page — Counsel Stack
Bluebook (online)
Illinois § 1329, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/760/1329.