Illinois Compiled Statutes 760 ILCS 3/1402 – Purpose
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Terms Used In Illinois Compiled Statutes 760 ILCS 3/1402
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
This Article modifies the common law rule of property known as the rule against perpetuities, that, except as modified by statutes in force at the effective date of this Article and by this Article, shall remain in full force and effect.