2023 Illinois Compiled Statutes 755 ILCS 70/3 – Applicability
Current as of: 2023 | Check for updates
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(a) This Act applies to:
(1) a fiduciary acting under a will or power of
(1) a fiduciary acting under a will or power of
attorney executed before, on, or after the effective date of this Act;
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(2) a personal representative acting for a decedent
who died before, on, or after the effective date of this Act;
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(3) a guardianship proceeding commenced before, on,
or after the effective date of this Act; and
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(4) a trustee acting under a trust created before,
on, or after the effective date of this Act.
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(b) This Act applies to a custodian if the user resides in this state or resided in this state at the time of the user’s death.
(c) This Act does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer’s business.
(c) This Act does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer’s business.