40 ILCS 5/15-176

40 ILCS 5/15-176
in effect
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(40 ILCS 5/15-176) (from Ch. 108 1/2, par. 15-176) Sec. 15-176. To accept gifts. To accept any gift, grant or bequest of any money or securities; if the grantor designates cash benefits for some or all of the system's participants or annuitants, to carry out such intent; if no such intent is designated, to reduce the costs of the State. (Source: P.A. 83-1440.)
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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