ILCS » Chapter 755 · Act 5
Illinois Compiled Statutes

755 ILCS 5/21-2.13 (2026)

Common trust funds

✓ current as of May 2026
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(755 ILCS 5/21-2.13) (from Ch. 110 1/2, par. 21-2.13)
    Sec. 21-2.13. Common trust funds. Interests in one or more common trust funds, as defined in and from time to time established, maintained and administered pursuant to the Common Trust Fund Act, the investments of which are not restricted to the investments otherwise authorized for representatives by Sections 21-2.01 through 21-2.12 and 21-2.14 of this Act, provided that the investment in such common trust fund meets the standard of the prudent investor rule for the investment of trust funds.
(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 5× “755 ILCS 5/21-2.13, 21-2.14 (West 2002). Section 21-2.”
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