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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.
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(755 ILCS 5/12-7) (from Ch. 110 1/2, par. 12-7)
Sec. 12-7.
Deposit in lieu or reduction of bond.)
Upon petition of a representative and upon such notice as the
court directs, the court may order the representative to
deposit for safe-keeping with a corporation qualified to
accept and execute trusts in this State such portion or all
of the personal estate as the court deems proper, subject
to the further order of the court, and that the bond of the
representative be reduced so as to cover only the estate
remaining in the possession or custody of the representative.
(Source: P.A. 79-328.)
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