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Illinois · Through at least Public Act 104-790

760 ILCS 15/12: Other property subject to depletion.

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Where this section sits in the code
  1. CHAPTER 760 TRUSTS AND FIDUCIARIES
  2. Principal and Income Act.

Except as provided in Section 10, if the principal consists of property subject to depletion, including leaseholds, patents, copyrights, trademarks, and royalty rights, the receipts therefrom shall be allocated to principal.

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

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