Illinois Compiled Statutes 75 ILCS 16/30-52 – Trustee’s failure or neglect to discharge duty; penalty. Any trustee …
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes 75 ILCS 16/30-52
- Petty offense: A federal misdemeanor punishable by six months or less in prison. Source: U.S. Courts
- Trustee: A person or institution holding and administering property in trust.
Trustee’s failure or neglect to discharge duty; penalty. Any trustee who, while acting as a trustee or as an officer, fails or neglects to discharge any duty imposed upon him or her by this Act is guilty of a petty offense and shall be fined not less than $25 nor more than $100 for each offense.