WOOD. 765 ILCS 305/4 from Ch. 30, par. 194 Amends the Statute Concerning Perpetuities. Provides that the rule against perpetuities shall not apply to trusts created by an inter-vivos instrument, executed or amended on or after January 1, 1998, or to trusts created by will or through the exercise of a testamentary power of appointment where the testator has died on or after January 1, 1998. Effective immediately. 97-03-05 H FIRST READING 97-03-05 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-06 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary