760 ILCS 3/809

760 ILCS 3/809
in effect
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(760 ILCS 3/809) (Text of Section before amendment by P.A. 104-116) Sec. 809. Control and protection of trust property. A trustee shall take reasonable steps to take control of and protect the trust property, including searching for and claiming any unclaimed or presumptively abandoned property. If a corporation is acting as co-trustee with one or more individuals, the corporate trustee shall have custody of the trust estate unless all the trustees otherwise agree. (Source: P.A. 103-977, eff. 1-1-25.) (Text of Section after amendment by P.A. 104-116) Sec. 809. Control and protection of trust property. A trustee shall take reasonable steps to take control of and protect the trust property, including searching for and, if practicable, claiming any unclaimed property. If a corporation is acting as co-trustee with one or more individuals, the corporate trustee shall have custody of the trust estate unless all the trustees otherwise agree. (Source: P.A. 103-977, eff. 1-1-25; 104-116, eff. 1-1-26.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026