755 ILCS 70/3

755 ILCS 70/3

Last amended: 2016Year: 2026Length: 143 wordsOfficial source
(755 ILCS 70/3) Sec. 3. Applicability. (a) This Act applies to: (1) a fiduciary acting under a will or power of attorney executed before, on, or after the effective date of this Act; (2) a personal representative acting for a decedent who died before, on, or after the effective date of this Act; (3) a guardianship proceeding commenced before, on, or after the effective date of this Act; and (4) a trustee acting under a trust created before, on, or after the effective date of this Act. (b) This Act applies to a custodian if the user resides in this state or resided in this state at the time of the user's death. (c) This Act does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer's business. (Source: P.A. 99-775, eff. 8-12-16.)
755 ILCS 70/3 | Justis AI