{"data":{"id":"us-il/765-ilcs-415-3","jurisdiction":"us-il","citation":"765 ILCS 415/3","heading":"","body":"The fact that a trustee of a land trust is or becomes a secured or unsecured creditor of the land trust, the beneficiaries of the land trust, or a third party whose debt to such creditor is guaranteed by a beneficiary of the land trust, shall not be a breach of, and shall not be deemed evidence of a breach of, any fiduciary duty owed by said trustee to the beneficiaries.","path":["CHAPTER 765 PROPERTY","Land Trustee as Creditor Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2187\u0026ChapterID=62\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:45Z","sha256":"610a55d211583007c5a9182324dae55fa75febae245c333faad7aad59da92443","source_id":"us-il","stale":false,"prev":"us-il/765-ilcs-415-2","next":"us-il/765-ilcs-415-4"},"notice":"GroundRules: Original legal text. Not legal advice."}