Illinois Compiled Statutes 40 ILCS 5 Illinois Pension Code. Section 14-135.07

    (40 ILCS 5/14-135.07) (from Ch. 108 1/2, par. 14-135.07)

    Sec. 14-135.07. To accept gifts. To accept any gift, grant or bequest of any money or securities for the purposes designated by the grantor, made with the specific purpose of providing cash benefits for some or all of the members or any beneficiary of the system, or if no such purpose is designated to apply the same against the amount to be contributed by the State.

(Source: P.A. 80-841.)

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Last modified: February 18, 2015