(760 ILCS 3/1313)
Sec. 1313. Substantial compliance with donor-imposed formal requirement. A powerholder's substantial compliance with a formal requirement of an appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if:
(1) the powerholder knows of and intends to exercise |
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(2) the powerholder's manner of attempted exercise
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| of the power does not impair a material purpose of the donor in imposing the requirement.
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(Source: P.A. 101-48, eff. 1-1-20 .)
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