Public Act 90-0307 of the 90th General Assembly
Public Act 90-0307
SB361 Enrolled LRB9002775NTsb
AN ACT to amend the Probate Act of 1975 by changing
Section 25-2.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Probate Act of 1975 is amended by
changing Section 25-2 as follows:
(755 ILCS 5/25-2) (from Ch. 110 1/2, par. 25-2)
Sec. 25-2. When appointment of representative of ward
unnecessary.) Upon receiving an affidavit that the personal
estate of a ward does not exceed $10,000 $5,000 in value,
that no representative has been appointed for his estate and
that the affiant is a parent or a person standing in loco
parentis to the minor or is the spouse of the ward or, if
there is no spouse of the ward, that affiant is a relative
having the responsibility of the support of the person under
legal disability or ward, any person or corporation indebted
to or holding personal estate of the ward may pay the amount
of the indebtedness or deliver the personal estate to the
affiant. In the same manner and upon like proof, any person
or corporation having the responsibility for the issuance or
transfer of stocks, bonds or other personal estate may issue
or transfer the stocks, bonds or other personal estate to or
in the name of the affiant. Upon the payment, delivery,
transfer or issuance pursuant to the affidavit, the person or
corporation is released to the same extent as if the payment,
delivery, transfer or issuance had been made to the legally
qualified representative of the ward and is not required to
see to the application or disposition of the property.
(Source: P.A. 83-706.)
Section 99. Effective date. This Act takes effect upon
becoming law.