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Code · Illinois · Chapter 760 — TRUSTS AND FIDUCIARIES · Act 40

Sec. 2a. No rule of law against perpetuities or suspension of the power of alienation of the title to property shall operate to invalidate any trust of the sort describe.

69 words·~1 min read·/il/chapter-760/act-40/2a

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Sec. 2a. No rule of law against perpetuities or suspension of the power of alienation of the title to property shall operate to invalidate any trust of the sort described in Section 1 of this Act heretofore created or attempted to be created unless the trust is terminated by the circuit court in a suit instituted within 3 years after the effective date of this amendatory act of 1957.
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