760 ILCS 3/1110

Current through Public Act 103-1052
Section 760 ILCS 3/1110 - Releases

A trustee may irrevocably release the power granted by this Article if the trustee reasonably believes the release is in the best interests of the trust and its beneficiaries. The release may be personal to the releasing trustee or may apply generally to some or all subsequent trustees, and the release may be for any specified period, including a period measured by the life of an individual.

760 ILCS 3/1110

Added by P.A. 101-0048,§ 1110, eff. 1/1/2020.