Translate
Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.
Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.
(755 ILCS 5/6-15) (from Ch. 110 1/2, par. 6-15) Sec. 6-15. Executor to administer all estate of decedent. (a) The executor or the administrator with the will annexed shall administer all the testate and intestate estate of the decedent. (b) Any person doing business or performing transactions on behalf of, or at the direction of, an executor, administrator, or administrator with the will annexed may rely on the powers of an independent representative under Section 28-8 of this Act and the protections afforded to persons dealing with an independent representative under Section 28-9 of this Act. The person shall confirm by examination of the letters testamentary, letters of administration, or letters of administration with the will annexed, or by examination of a document purporting to be the letters of office, that the letters were issued by the court solely to the executor or administrator. If the letters of office or a document purporting to be the letters of office provide for co-executors or co-administrators and either the person is unable to identify one or more of the co-executors or co-administrators or cannot determine the lawful existence of any co-executor or co-administrator or if conflicting claims or directions are made by the co-executors or co-administrators, then the person may refuse to perform any transaction until the person receives a determination of the appropriate course of action by a court of appropriate jurisdiction. (c) Any person, corporation, or financial institution that conducts business or performs transactions on behalf of, or at the direction of, an executor, administrator, or administrator with the will annexed is fully protected and released from liability if the person conducts business or performs transactions as directed by a court of appropriate jurisdiction as provided in subsection (b) or bases the presumption on the confirmation by examination of the letters testamentary, letters of administration, letters of administration with the will annexed, or a document purporting to be the letters of office as provided in subsection (b). (Source: P.A. 104-123, eff. 1-1-26.) |