Sec. 407. Evidence of oral trust.
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/il/chapter-760/act-3/407A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 407. Evidence of oral trust. Except as required by a statute other than this Code, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.