Illinois Chapter 765 Property
765 ILCS 310/ Perpetuities Vesting Act.Code Resources
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(765 ILCS 310/1) (from Ch. 30, par. 153a)
Sec. 1.
The vesting of any limitation of property, whether created in
the exercise of a power of appointment or in any other manner, shall not
be regarded as deferred for purposes of the rule against perpetuities
merely because the limitation is made to the estate of a person or to a
personal representative, or to a trustee under a will, or to take effect
on the probate of a will. The provisions of this Act shall apply only to
limitations created after the effective date hereof.
(Source: Laws 1951, p. 462.)
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(765 ILCS 310/1.1) (from Ch. 30, par. 153a.1)
Sec. 1.1.
Short title.
This Act may be cited as the
Perpetuities Vesting Act.
(Source: P.A. 86‑1324.)
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