GroundRules
← Search the law
Illinois · Through at least Public Act 104-790

755 ILCS 5/21-2.12: Stock.

Read at publisher ↗
Where this section sits in the code
  1. CHAPTER 755 ESTATES
  2. Probate Act of 1975.

Shares of any corporation with a market capitalization of over $200,000,000 if the shares are listed and registered on an exchange registered with the Securities and Exchange Commission as a national securities exchange or an electronic securities quotation system regulated by the Securities and Exchange Commission.

No investment in shares of a corporation may be made under this Section that, at the time such investment is made, would cause the market value of all stock held in the ward's estate to exceed two-thirds of the market value of the estate then held by the representative.

Collected 2026-09-15T04:46:44Z. Source file · JSON

Browse this collection