(760 ILCS 3/815)
Sec. 815. General powers of trustee. (a) A trustee, without authorization by the court, may exercise:
(1) powers conferred by the trust instrument; or
(2) except as limited by the trust instrument: (A) all powers over the trust property that an |
| unmarried owner with legal capacity has over individually owned property;
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(B) any other powers appropriate to achieve the
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| proper investment, management, and distribution of the trust property; and
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(C) any other powers conferred by this Code.
(b) The exercise of a power is subject to the fiduciary duties prescribed by this Code.
(Source: P.A. 101-48, eff. 1-1-20 .)
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