"Trust business" means the holding out by a person to the public by advertising, solicitation, or other means that the person is available to act as a fiduciary in this State, or the accepting or undertaking to perform the duties of a fiduciary as a significant part of its regular business.
205 ILCS 620/1-5.13
Trust business
Known as the Corporate Fiduciary Act
The act spans §§ 205-620-1-1 to 205-620-1-9 (28 sections).
P.A. 89-364, eff. 8-18-95.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.