Illinois Compiled Statutes 20 ILCS 3805/27 – In addition to the powers granted in Sections 25 and 26, the trustee …
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes 20 ILCS 3805/27
- Trustee: A person or institution holding and administering property in trust.
In addition to the powers granted in Sections 25 and 26, the trustee shall have and possess all of the powers necessary or appropriate for the exercise of any functions specifically set forth herein or incident to the general representation of bondholders or noteholders in the enforcement and protection of their rights.