§ 2BB. The assembly, drafting, execution, and funding of a living trust document or any
of those acts by a corporation or a nonlawyer is an unlawful practice within the meaning
of this Act. Any person who violates this Section is guilty of a Class A misdemeanor. A person who is convicted of a second or subsequent violation of this Section is
guilty of a Class 4 felony.
This Section shall not apply to any State or national bank, State or federal savings
and loan association, savings bank, trust company, or any other corporation that has
received a certificate of authority authorizing the exercise of trust powers under
the Illinois Corporate Fiduciary Act. 1
This Section shall not apply to any State or federal credit union, as defined in Section
1.1 of the Illinois Credit Union Act, 2 or the ability of any such credit union to issue accounts under the Illinois Trusts
and Payable Upon Death Accounts Act. 3
Nothing in this Section shall authorize a person to engage in the unauthorized practice
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