(760 ILCS 3/108)
    Sec. 108. Principal place of administration.
    (a) Without precluding other means for establishing a sufficient connection with the designated jurisdiction, the terms of a trust designating the principal place of administration are valid and controlling if:
        (1) a trustee's principal place of business is
    
located in or a trustee is a resident of the designated jurisdiction; or
        (2) all or part of the administration occurs in the
    
designated jurisdiction.
    (b) A trustee is under a continuing duty to administer the trust at a place appropriate to its purposes, its administration, and the interests of the beneficiaries.
    (c) Without precluding the right of the court to order, approve, or disapprove a transfer, the trustee, in furtherance of the duty prescribed by subsection (b), may transfer the trust's principal place of administration to another State or to a jurisdiction outside of the United States.
    (d) The trustee shall notify the qualified beneficiaries of a proposed transfer of a trust's principal place of administration not less than 60 days before initiating the transfer. The notice of proposed transfer must include:
        (1) the name of the jurisdiction to which the
    
principal place of administration is to be transferred;
        (2) the address and telephone number at the new
    
location at which the trustee can be contacted;
        (3) an explanation of the reasons for the proposed
    
transfer;
        (4) the date on which the proposed transfer is
    
anticipated to occur; and
        (5) the date, not less than 60 days after the giving
    
of the notice, by which the qualified beneficiary must notify the trustee of an objection to the proposed transfer.
    (e) The authority of a trustee under this Section to transfer a trust's principal place of administration terminates if a qualified beneficiary notifies the trustee of an objection to the proposed transfer on or before the date specified in the notice.
    (f) Notwithstanding any other provision of this Code, the trustee has no duty to inform the beneficiaries, or any other interested party, about the availability of this Section and further has no duty to review the trust instrument to determine whether any action should be taken under this Section unless requested to do so by a qualified beneficiary.
    (g) In connection with a transfer of the trust's principal place of administration, the trustee may transfer some or all of the trust property to a successor trustee designated in the terms of the trust or appointed pursuant to Section 704.
(Source: P.A. 101-48, eff. 1-1-20.)