§ 404 — Trust purposes

Illinois § 404

• Jurisdiction: Illinois
• Topic: RIGHTS AND REMEDIES
• Ch. 760: TRUSTS AND FIDUCIARIES
• Act 760 ILCS 3/: Illinois Trust Code.
• Art.: Article 4 - Creation, Validity, Modification, and Termination of Trust

Text

A trust may be created only to the extent its purposes are lawful and not contrary to public policy.

Legislative History

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