40 ILCS 5/1-111: Ten Per Cent Limitation of Employer Securities.
Where this section sits in the code
- CHAPTER 40 PENSIONS
- Illinois Pension Code.
A plan may not acquire a security issued by an employer of employees covered by the retirement system or pension fund, if immediately after such acquisition, the aggregate fair market value of such employer securities held by the retirement system or pension fund exceed 10 per cent of the fair market value of the assets of the retirement system or pension fund.
Collected 2026-09-15T04:46:20Z. Source file · JSON