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760 ILCS 3/1331

Remedy for breach of contract to appoint or not to appoint

Known as the Uniform Powers of Appointment Law

The act spans §§ 760-3-1301 to 760-3-1336 (36 sections).

P.A. 101-48, eff. 1-1-20.

The remedy for a powerholder's breach of a contract to appoint or not to appoint is limited to damages payable out of the appointive property or, if appropriate, specific performance of the contract.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.