State of Illinois
90th General Assembly
Legislation

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[ Introduced ][ Enrolled ][ Senate Amendment 001 ]

90_SB0361eng

      755 ILCS 5/1-1            from Ch. 110 1/2, par. 1-1
          Amends the Probate Act of  1975  by  making  a  technical
      change to the short title provision.
                                                     LRB9002775NTsb
SB361 Engrossed                                LRB9002775NTsb
 1        AN  ACT  to  amend  the  Probate  Act of 1975 by changing
 2    Section 25-2.
 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:
 5        Section  5.   The  Probate  Act  of  1975  is  amended by
 6    changing Section 25-2 as follows:
 7        (755 ILCS 5/25-2) (from Ch. 110 1/2, par. 25-2)
 8        Sec. 25-2.  When appointment of  representative  of  ward
 9    unnecessary.)  Upon  receiving an affidavit that the personal
10    estate of a ward does not exceed  $10,000  $5,000  in  value,
11    that  no representative has been appointed for his estate and
12    that the affiant is a parent or a  person  standing  in  loco
13    parentis  to  the  minor  or is the spouse of the ward or, if
14    there is no spouse of the ward, that affiant  is  a  relative
15    having  the responsibility of the support of the person under
16    legal disability or ward, any person or corporation  indebted
17    to  or holding personal estate of the ward may pay the amount
18    of the indebtedness or deliver the  personal  estate  to  the
19    affiant.   In the same manner and upon like proof, any person
20    or corporation having the responsibility for the issuance  or
21    transfer  of stocks, bonds or other personal estate may issue
22    or transfer the stocks, bonds or other personal estate to  or
23    in  the  name  of  the  affiant.  Upon the payment, delivery,
24    transfer or issuance pursuant to the affidavit, the person or
25    corporation is released to the same extent as if the payment,
26    delivery, transfer or issuance had been made to  the  legally
27    qualified  representative  of the ward and is not required to
28    see to the application or disposition of the property.
29    (Source: P.A. 83-706.)
30        Section 99.  Effective date.  This Act takes effect  upon
SB361 Engrossed             -2-                LRB9002775NTsb
 1    becoming law.

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