{"data":{"id":"us-il/40-ilcs-5-1-113.8","jurisdiction":"us-il","citation":"40 ILCS 5/1-113.8","heading":"Limitations on banks and savings and loan associations.","body":"A bank or savings and loan association shall not receive investment funds from a pension fund established under Article 3 or 4 of this Code, unless it has complied with the requirements established under Section 6 of the Public Funds Investment Act. The limitations set forth in that Section 6 are applicable only at the time of investment and do not require the liquidation of any investment at any time.","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":"f957652d0379656291dcaf31e3d1e34e5cfcc0b6df3bbf5fa22b2c58b85cbfa5","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-1-113.7","next":"us-il/40-ilcs-5-1-113.9"},"notice":"GroundRules: Original legal text. Not legal advice."}