There Is a Newer Version of the Illinois Compiled Statutes

2005 Illinois Code - Chapter 765 Property 765 ILCS 310/ Perpetuities Vesting Act.

(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.)

(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.)

Disclaimer: These codes may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.