{"data":{"id":"us-il/40-ilcs-5-1-113.12","jurisdiction":"us-il","citation":"40 ILCS 5/1-113.12","heading":"Application.","body":"(a) Except as provided in subsection (b) of this Section, Sections 1-113.1 through 1-113.10 apply only to pension funds established under Article 3 or 4 of this Code.\n(b) Upon the transfer of the securities, funds, assets, and moneys of a transferor pension fund to a fund created under Article 22B or 22C, that pension fund shall no longer exercise any investment authority with respect to those securities, funds, assets, and moneys and Sections 1-113.1 through 113.10 shall not apply to those securities, funds, assets, and moneys.","path":["CHAPTER 40 PENSIONS","Illinois Pension Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=638\u0026ChapterID=9\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"f20573bd4063c609faa90e535c1bf25dbecae74a77586bb0116b367b27b7115c","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-1-113.11","next":"us-il/40-ilcs-5-1-113.14"},"notice":"GroundRules: Original legal text. Not legal advice."}