Illinois · Through at least Public Act 104-790

760 ILCS 3/1330: Power to contract: power of appointment not presently exercisable.

Where this section sits in the code

CHAPTER 760 TRUSTS AND FIDUCIARIES
Illinois Trust Code.

A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:

(1) is also the donor of the power; and

(2) has reserved the power in a revocable trust.

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

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