Illinois Compiled Statutes
205 ILCS 620/1-1 (2026)
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(205 ILCS 620/1-1)
(from Ch. 17, par. 1551-1)
Sec. 1-1.
Short Title.
This Act shall be known and may
be cited as the "Corporate Fiduciary Act".
(Source: P.A. 85-858.)
Notes of Decisions
Cited in 3
cases, 1999–2005 · leading case: In re Possession & Control of the Comm'r of Banks & Real Est. of Indep. Trust Corp. (Ill. App. Ct. 2001).
In re Possession & Control of the Comm'r of Banks & Real Est. of Indep. Trust Corp. (Ill. App. Ct. 2001). “STATEMENT OF FACTS Intrust was an Illinois corporate fiduciary organized under the Corporate Fiduciary Act (Act) (205 ILCS 620/1-1 et seq. (West 1998)) and was regulated by the Illinois Commissioner of Banks and Real Estate (Commissioner).”
Sullivan v. Kodsi (Ill. App. Ct. 2005). “Another division of this court has ruled that, in a receivership proceeding conducted pursuant to the Corporate Fiduciary Act (205 ILCS 620/1-1 et seq. (West 2000)), a circuit court cannot lose jurisdiction over the receivership where assets were transferred from one of the…”
In Matter of Est. of Vail (Ill. App. Ct. 1999). “At the time the estate in this case came into existence, the Corporate Fiduciary Act (205 ILCS 620/1-1 et seq . (West 1992)) regulated corporate fiduciaries administering trusts and estates.”
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