760 ILCS 3/1322

Current through Public Act 103-1052
Section 760 ILCS 3/1322 - Appointment to taker in default

If a powerholder of a general power makes an appointment to a taker in default of appointment and the appointee would have taken the property under a gift-in-default clause had the property not been appointed, the power of appointment is deemed not to have been exercised, and the appointee takes under the gift-in-default clause.

760 ILCS 3/1322

Added by P.A. 101-0048,§ 1322, eff. 1/1/2020.