Illinois § 1336 Application to existing relationships

Illinois Statutes

§ 1336 — Application to existing relationships

Illinois § 1336

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 § 1336 (Application to existing relationships) 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. 1336 (2026).

Text

(a)Except as otherwise provided in this Article, on and after the effective date of this Code:

(1)this Article applies to a power of appointment created before, on, or after its effective date;

(2)this Article applies to a judicial proceeding concerning a power of appointment commenced on or after its effective date;

(3)this Article applies to a judicial proceeding concerning a power of appointment commenced before its effective date unless the court finds that application of a particular provision of this Article would substantially interfere with the effective conduct of the judicial proceeding or prejudice a right of a party, in which case the particular provision of this Article does not apply and the superseded law applies;

(4)a rule of construction or presumption provided in thi

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(a) Except as otherwise provided in this Article, on and after the effective date of this Code: (1) this Article applies to a power of appointment created before, on, or after its effective date; (2) this Article applies to a judicial proceeding concerning a power of appointment commenced on or after its effective date; (3) this Article applies to a judicial proceeding concerning a power of appointment commenced before its effective date unless the court finds that application of a particular provision of this Article would substantially interfere with the effective conduct of the judicial proceeding or prejudice a right of a party, in which case the particular provision of this Article does not apply and the superseded law applies; (4) a rule of construction or presumption provided in this Article applies to an instrument executed before the effective date of the Article unless there is a clear indication of a contrary intent in the terms of the instrument; and (5) an act done before the effective date of this Code is not affected by this Article. (b) If a right is acquired, extinguished, or barred on the expiration of a prescribed period that commenced under law of this State other than this Article before the effective date of this Code, the law continues to apply to the right. (c) No trustee is liable to any person in whose favor a power of appointment may have been exercised for any distribution of property made to persons entitled to take in default of the effective exercise of the power of appointment to the extent that the distribution shall have been completed before the effective date of this Code.