§ 765 ILCS 410/0.01 Short title
§ 765 ILCS 410/1 Unless the land trust agreement specifically provides for an …
§ 765 ILCS 410/2 A land trust agreement may provide that the trustee, when directed to …
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Terms Used In Illinois Compiled Statutes > 765 ILCS 410 - Land Trust Successor Trustee Act

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • sworn: shall be construed to include the word "affirmed. See Illinois Compiled Statutes 5 ILCS 70/1.12
  • Trustee: A person or institution holding and administering property in trust.