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Code · Illinois · Chapter 765 — PROPERTY · Act 835

Sec. 7. The trust funds, gifts and bequests mentioned in sections four (4) and five (5) of this act, shall be exempt from taxation and from the operation of all laws of.

39 words·~1 min read·/il/chapter-765/act-835/7

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Sec. 7. The trust funds, gifts and bequests mentioned in sections four
(4)and five
(5)of this act, shall be exempt from taxation and from the operation of all laws of mortmain, and laws against perpetuities and accumulations.
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