Illinois Statutes
§ 507 — Personal obligations of trustee
Illinois·Topic RIGHTS AND REMEDIES·Ch. 760 TRUSTS AND FIDUCIARIES·Act 760 ILCS 3/ Illinois Trust Code.·Art. Article 5 - Creditor's Claims; Spendthrift and Discretionary Trusts
Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
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Illinois § 507 (Personal obligations of trustee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 101-48, eff. 1-1-20 .)
Nearby Sections
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§ 506
Overdue distribution