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Form a Business

Land trustees.

Municipal Code of Chicago § 14A-3-301.2.1
in effect
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14A-3-301.2.1 Land trustees. The liabilities and obligations imposed on an owner also attach to a trustee under a land trust holding title to a structure or premises without the rights of possession, management, or control unless the trustee discloses the name and last known address of each person who was a beneficiary of the trust at the time of the alleged violation and of each person, if any, who was then acting as agent for the purpose of managing, controlling, or collecting rents, as shown in the records of the trust in accordance with and subject to the penalties provided in the Land Trust Beneficial Disclosure Act, 765 ILCS 405/0.01, et seq.
Source: City of Chicago, Municipal Code of Chicago (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/chicago/latest/chicago_il/0-0-0-2660680Fetched: 10/24/2026

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14A-3-301.2.1 | Corpus