Current through Public Act 103-1052
Section 755 ILCS 70/3 - Applicability(a) This Act applies to:(1) a fiduciary acting under a will or power of attorney executed before, on, or after the effective date of this Act;(2) a personal representative acting for a decedent who died before, on, or after the effective date of this Act;(3) a guardianship proceeding commenced before, on, or after the effective date of this Act; and(4) a trustee acting under a trust created before, on, or after the effective date of this Act.(b) This Act applies to a custodian if the user resides in this state or resided in this state at the time of the user's death.(c) This Act does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer's business.Added by P.A. 099-0775,§ 3, eff. 8/12/2016.