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Code · Illinois · Chapter 755 — ESTATES · Act 5

Sec. 21-2.13. Common trust funds.

79 words·~1 min read·/il/chapter-755/act-5/21-2-13

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Sec. 21-2.13. Common trust funds. Interests in one or more common trust funds, as defined in and from time to time established, maintained and administered pursuant to the Common Trust Fund Act, the investments of which are not restricted to the investments otherwise authorized for representatives by Sections 21-2.01 through 21-2.12 and 21-2.14 of this Act, provided that the investment in such common trust fund meets the standard of the prudent investor rule for the investment of trust funds.
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