760 ILCS 3/809

(760 ILCS 3/809)

(Text of Section before amendment by P.A. 103-977)

Sec. 809. Control and protection of trust property. A trustee shall take reasonable steps to take control of and protect the trust property. If a corporation is acting as co-trustee with one or more individuals, the corporate trustee shall have custody of the trust estate unless all the trustees otherwise agree.

(Source: P.A. 101-48, eff. 1-1-20.)

(Text of Section after amendment by P.A. 103-977)

Sec. 809. Control and protection of trust property. A trustee shall take reasonable steps to take control of and protect the trust property, including searching for and claiming any unclaimed or presumptively abandoned property. If a corporation is acting as co-trustee with one or more individuals, the corporate trustee shall have custody of the trust estate unless all the trustees otherwise agree.

(Source: P.A. 103-977, eff. 1-1-25.)