40 ILCS 5/5-221

40 ILCS 5/5-221
in effect
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(40 ILCS 5/5-221) (from Ch. 108 1/2, par. 5-221) Sec. 5-221. No commissions on investments. No member of the Board of Trustees and no person officially connected with the board either as an employee or as legal advisor thereof or as a custodian of the fund, shall receive any commissions on account of any investment made by the board. (Source: Laws 1963, p. 161.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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