Illinois General Assembly - Bill Status for HB4320

Synopsis As Introduced
Amends the Duties and Powers of Trustee Article of the Illinois Trust Code. Requires a trustee to maintain trust records for a minimum of 7 years. Requires a trustee in possession of any documentation regarding unclaimed property that may be needed to support an interested person's claim to the property, prior to the destruction of the documentation, to check with the State Treasurer as to whether the State Treasurer is holding any unclaimed property.

Actions

Date	Chamber	Action
1/3/2024	House	Filed with the Clerk by Rep. Amy Elik
1/16/2024	House	First Reading
1/16/2024	House	Referred to Rules Committee

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