Illinois General Assembly - Full Text of SB2309
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Full Text of SB2309  100th General Assembly

SB2309sam002 100TH GENERAL ASSEMBLY

Sen. John G. Mulroe

Filed: 2/22/2018

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 2309

2    AMENDMENT NO. ______. Amend Senate Bill 2309 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Trusts and Trustees Act is amended by
5changing Section 6.5 as follows:
 
6    (760 ILCS 5/6.5)
7    Sec. 6.5. Transfer of property to trust.
8    (a) The transfer of real property to a trust requires a
9transfer of legal title to the trustee evidenced by a written
10instrument of conveyance and acceptance by the trustee.
11    (b) (Blank) If the transferor is a trustee of the trust, an
12interest in real property does not become trust property unless
13the instrument of conveyance is recorded in the office of the
14recorder of the county in which the property is located.
15(Source: P.A. 99-743, eff. 1-1-17.)".