Illinois General Assembly - Full Text of Public Act 099-0743
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Public Act 099-0743


 

Public Act 0743 99TH GENERAL ASSEMBLY

  
  
  

 


 
Public Act 099-0743
 
SB2842 EnrolledLRB099 18996 HEP 45031 b

    AN ACT concerning civil law.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Trusts and Trustees Act is amended by adding
Section 6.5 as follows:
 
    (760 ILCS 5/6.5 new)
    Sec. 6.5. Transfer of property to trust.
    (a) The transfer of real property to a trust requires a
transfer of legal title to the trustee evidenced by a written
instrument of conveyance and acceptance by the trustee.
    (b) If the transferor is a trustee of the trust, an
interest in real property does not become trust property unless
the instrument of conveyance is recorded in the office of the
recorder of the county in which the property is located.

Effective Date: 1/1/2017