Proceedings for the appointment of a trustee may be instituted by any person or persons (i) vested in fee simple with at least an undivided one-half interest in the coal sought to be developed or (ii) vested with a valid and subsisting coal lease, the lessor of which is a person defined in subdivision (i).
765 ILCS 540/25
Proceedings for appointment of trustee
Known as the Coal Rights Act
The act spans §§ 765-540-1 to 765-540-99 (14 sections).
P.A. 92-390, eff. 8-16-01.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.