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Code · Illinois · Chapter 755 — ESTATES · Act 5

Sec. 4-15. Debtor as executor.

70 words·~1 min read·/il/chapter-755/act-5/4-15

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Sec. 4-15. Debtor as executor.) The appointment of the debtor of the testator as executor of his will does not extinguish any debt due from the executor to the testator, unless the testator in the will expressly declares his intention to extinguish the debt and unless the estate of the testator without collection of the debt due from the executor is sufficient to discharge all claims against the testator's estate.
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