98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB4193

 

Introduced , by Rep. Emanuel Chris Welch

 

SYNOPSIS AS INTRODUCED:
 
760 ILCS 5/18.5 new

    Amends the Trusts and Trustees Act. Provides that the common law doctrine of election applies to all trusts.


LRB098 13664 HEP 48189 b

 

 

A BILL FOR

 

HB4193LRB098 13664 HEP 48189 b

1    AN ACT concerning civil law.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Trusts and Trustees Act is amended by adding
5Section 18.5 as follows:
 
6    (760 ILCS 5/18.5 new)
7    Sec. 18.5. Doctrine of election applies. The common law
8doctrine of election applies to all trusts.