Obligations

760 ILCS 3/1227
in effect
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(760 ILCS 3/1227) Sec. 1227. Obligations. A debt, liability, or other obligation enforceable against property of a first trust is enforceable to the same extent against that property when held by the second trust after exercise of the decanting power. (Source: P.A. 101-48, eff. 1-1-20.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026
760 ILCS 3/1227 — Obligations | Illinois Compiled Statutes (Aug. 2026 snapshot) | Corpus