5 ILCS 420/1-104.5

5 ILCS 420/1-104.5
in effect
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(5 ILCS 420/1-104.5) Sec. 1-104.5. "Diversified funds" means investment products, such as mutual funds, exchange traded funds, or unit investment trusts, that invest in a wide variety of securities across multiple sectors or asset classes. "Diversified funds" does not include sector funds. (Source: P.A. 102-664, eff. 1-1-22.)
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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