Illinois Compiled Statutes 40 ILCS 5 Illinois Pension Code. Section 17-127.1

    (40 ILCS 5/17-127.1) (from Ch. 108 1/2, par. 17-127.1)

    Sec. 17-127.1. Special revenues. Donations, gifts, and legacies received by the fund shall be held and accounted for as the Board so provides by appropriate resolution. Nothing in this Article shall be so construed as to prevent the Board from directing such resources to be used for memorial or other commemorative purposes honoring the grantors, while alive or posthumously, of such special revenues.

(Source: P.A. 90-566, eff. 1-2-98.)

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Last modified: February 18, 2015