{"data":{"id":"us-il/760-ilcs-3-1320","jurisdiction":"us-il","citation":"760 ILCS 3/1320","heading":"Disposition of unappointed property under released or unexercised nongeneral power.","body":"To the extent a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment:\n(1) the gift-in-default clause controls the disposition of the unappointed property; or\n(2) if there is no gift-in-default clause or to the extent the clause is ineffective, the unappointed property:\n(A) passes to the permissible appointees if:\n(i) the permissible appointees are defined and limited; and\n(ii) the terms of the instrument creating the power do not manifest a contrary intent; or\n(B) if there is no taker under subparagraph (A), passes under a reversionary interest to the donor or the donor's transferee or successor in interest.","path":["CHAPTER 760 TRUSTS AND FIDUCIARIES","Illinois Trust Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=4001\u0026ChapterID=61\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:44Z","sha256":"a82b1177d7c9fbff830b373bb13d932314a96eae742037cb14adce9ba8e2dc0d","source_id":"us-il","stale":false,"prev":"us-il/760-ilcs-3-1319","next":"us-il/760-ilcs-3-1321"},"notice":"GroundRules: Original legal text. Not legal advice."}