Illinois Statutes
§ 809 — Control and protection of trust property
Illinois·Topic RIGHTS AND REMEDIES·Ch. 760 TRUSTS AND FIDUCIARIES·Act 760 ILCS 3/ Illinois Trust Code.·Art. Article 8 - Duties and Powers of Trustee
A trustee shall take reasonable steps to take control of and protect the trust property, including searching for and, if practicable, claiming any unclaimed property. If a corporation is acting as co-trustee with one or more individuals, the corporate trustee shall have custody of the trust estate unless all the trustees otherwise agree.
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Legislative History
(Source: P.A. 103-977, eff. 1-1-25; 104-116, eff. 1-1-26 .)