ILCS » Chapter 755 · Act 5
Illinois Compiled Statutes

755 ILCS 5/21-2.12 (2026)

Stock

✓ current as of May 2026
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(755 ILCS 5/21-2.12) (from Ch. 110 1/2, par. 21-2.12)
    Sec. 21-2.12. Stock. Shares of any corporation with a market capitalization of over $200,000,000 if the shares are listed and registered on an exchange registered with the Securities and Exchange Commission as a national securities exchange or an electronic securities quotation system regulated by the Securities and Exchange Commission.
    No investment in shares of a corporation may be made under this Section that, at the time such investment is made, would cause the market value of all stock held in the ward's estate to exceed two-thirds of the market value of the estate then held by the representative.
(Source: P.A. 90-796, eff. 12-15-98.)

    
Notes of Decisions
Cited in 1 case, 2009–2009 · leading case: In Re Est. of Lieberman, 909 N.E.2d 915 (Ill. App. Ct. 2009).
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In Re Est. of Lieberman, 909 N.E.2d 915 (Ill. App. Ct. 2009). · cites it 2× “See 755 ILCS 5/21-2.12 (West 2002). This statute applies to all guardians regardless of alleged expertise.”
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