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

760 ILCS 3/803: Impartiality.

Read at publisher ↗
Where this section sits in the code
  1. CHAPTER 760 TRUSTS AND FIDUCIARIES
  2. Illinois Trust Code.

If a trust has 2 or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property giving due regard to the beneficiaries respective interests. The trustee must treat the beneficiaries equitably in light of the purposes and terms of the trust, including any manifestation of an intention to favor one or more beneficiaries.

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

Browse this collection