PETERSON. 760 ILCS 55/5 from Ch. 14, par. 55 760 ILCS 55/17 from Ch. 14, par. 67 Amends the Charitable Trust Act. Provides that a person or trustee required to register or maintain registration shall also submit, by sworn affidavit, a statement that he or she has never been convicted of a felony. Provides that all donated funds shall be deposited in Illinois regulated financial institutions, if not invested in securities and other earning bearing instruments or investments. Provides that donations for a vulnerable person's benefit shall be managed by trustees under this Act without personal benefit. 98-02-20 S FIRST READING 98-02-20 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary