{"data":{"id":"us-il/205-ilcs-620-2a-1","jurisdiction":"us-il","citation":"205 ILCS 620/2A-1","heading":"Purpose.","body":"The General Assembly finds that corporate fiduciaries perform a vital service in the custody, safekeeping, and management of physical assets, traditional electronic assets, and emerging digital assets for customers; that it is in the public interest that trust companies may be organized for the special purpose of providing fiduciary custodial services and related services to customers; that the operation of special purpose trust companies is impressed with a public interest such that it should be supervised as an activity under this Act; and that such special purpose trust companies should obtain their authority, conduct their operations, and be supervised as corporate fiduciaries as provided in this Act.","path":["CHAPTER 205 FINANCIAL REGULATION","Corporate Fiduciary Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1193\u0026ChapterID=20\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:29Z","sha256":"0ac0e33096a86fe33ef97f4fcea4ac182d885596353af89c60860f5876fb909d","source_id":"us-il","stale":false,"prev":"us-il/205-ilcs-620-2-13","next":"us-il/205-ilcs-620-2a-2"},"notice":"GroundRules: Original legal text. Not legal advice."}