Trust business

205 ILCS 620/1-5.13 — under Corporate Fiduciary Act.

205 ILCS 620/1-5.13

(205 ILCS 620/1-5.13)

Sec. 1-5.13. Trust business. "Trust business" means the holding out by a person to the public by advertising, solicitation, or other means that the person is available to act as a fiduciary in this State, or the accepting or undertaking to perform the duties of a fiduciary as a significant part of its regular business.

(Source: P.A. 89-364, eff. 8-18-95.)