205 ILCS 205/1007.85

205 ILCS 205/1007.85
in effect
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(205 ILCS 205/1007.85) (from Ch. 17, par. 7301-7.85) Sec. 1007.85. "Marketable investment securities" means investment grade marketable obligations evidencing indebtedness of any person in the form of bonds, notes, or debentures, commonly known as investment securities, of a type customarily sold on recognized exchanges or traded over the counter, but does not include stocks. (Source: P.A. 86-1213.)
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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