Other property subject to depletion

760 ILCS 15/12, under Principal and Income Act.

760 ILCS 15/12

(760 ILCS 15/12) (from Ch. 30, par. 512)

    Sec. 12. Other property subject to depletion. Except as provided in Section 10, if the principal consists of property subject to depletion, including leaseholds, patents, copyrights, trademarks, and royalty rights, the receipts therefrom shall be allocated to principal.

(Source: P.A. 82-390; 87-714.)