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Illinois · Through at least Public Act 104-790

205 ILCS 625/5: Release.

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Where this section sits in the code
  1. CHAPTER 205 FINANCIAL REGULATION
  2. Illinois Trust and Payable on Death Accounts Act.

Any payments made by an institution in compliance with this Act prior to the receipt of notice of an adverse claim or a restraining order shall be a complete discharge of the institution's obligations as to the amount so paid, and the institution shall, to the extent of each such payment, be released from all claims of any person claiming an interest in the account for such payment so made.

Collected 2026-09-15T04:46:29Z. Source file · JSON

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