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Code · Illinois · Chapter 760 — TRUSTS AND FIDUCIARIES · Act 15

Sec. 12. Other property subject to depletion.

38 words·~1 min read·/il/chapter-760/act-15/12

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Sec. 12. Other property subject to depletion. Except as provided in Section 10, if the principal consists of property subject to depletion, including leaseholds, patents, copyrights, trademarks, and royalty rights, the receipts therefrom shall be allocated to principal.
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