ILCS » Chapter 755 · Act 5
Illinois Compiled Statutes

755 ILCS 5/19-2 (2026)

Lease, sale, mortgage or pledge of personal estate of ward

✓ current as of May 2026
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(755 ILCS 5/19-2) (from Ch. 110 1/2, par. 19-2)
    Sec. 19-2. Lease, sale, mortgage or pledge of personal estate of ward. By leave of court a representative may lease, sell, mortgage or pledge any personal estate of the ward, when in the opinion of the court it is for the best interests of the ward or his estate.
(Source: P.A. 102-72, eff. 1-1-22.)

    
Notes of Decisions
Cited in 1 case, 1996–1996 · leading case: In Re Guardianship of Mabry, 666 N.E.2d 16 (Ill. App. Ct. 1996).
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In Re Guardianship of Mabry, 666 N.E.2d 16 (Ill. App. Ct. 1996). “The Probate Act treats transfer of a ward's personal estate differently from transfer of real estate (compare 755 ILCS 5/19-2 (West 1994) (court may approve transactions in personal property when in ward's "best interests") with 755 ILCS 5/20-3 (West 1994) (court may approve…”
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