Sec. 909. Delegation of investment and management functions.
55 words·~1 min read·
/il/chapter-760/act-3/909A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 909. Delegation of investment and management functions. Notwithstanding any other provision of this Code, before delegating any investment functions to an agent in accordance with subsection
(b)of Section 807, a trustee shall conduct an inquiry into the experience, performance history, professional licensing or registration, if any, and financial stability of the investment agent.