Illinois Statutes
§ 909 — Delegation of investment and management functions
Illinois § 909
JurisdictionIllinois
TopicRIGHTS AND REMEDIES
Ch. 760TRUSTS AND FIDUCIARIES
Act 760 ILCS 3/Illinois Trust Code.
Art.Article 9 - Illinois Prudent Investor Law; Life Insurance; Affiliated Investments
This text of Illinois § 909 (Delegation of investment and management functions) 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. 909 (2026).
Text
Notwithstanding any other provision of this Code, before delegating any investment functions to an agent in accordance with subsection (b) of Section 807, a trustee shall conduct an inquiry into the experience, performance history, professional licensing or registration, if any, and financial stability of the investment agent.
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Legislative History
(Source: P.A. 101-48, eff. 1-1-20 .)
Nearby Sections
10
§ 900
Article title§ 902
§ 902§ 903
Diversification§ 905
Court action§ 906
(Reserved)§ 907
(Reserved)§ 908
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Bluebook (online)
Illinois § 909, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/760/909.