Illinois Statutes
§ 1-113.23
Illinois § 1-113.23
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 1 - General Provisions: Short Title, Effect Of Code And Other Provisions
This text of Illinois § 1-113.23 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
40 Ill. Comp. Stat. 1-113.23 (2026).
Text
Required disclosures from consultants; compensation and economic opportunity received.
(a)As used in this Section: "Compensation" means any money, thing of value, or economic benefit conferred on, or received by, a consultant in return for services rendered, or to be rendered, by himself, herself, or another. "Economic opportunity" means any purchase, sale, lease, contract, option, or other transaction or arrangement involving property or services wherein a consultant may gain an economic benefit.
(b)No later than January 1, 2018 and each January 1 thereafter, a consultant retained by the board of a retirement system, the board of a pension fund, or an investment board shall disclose to the board of the retirement system, the board of the pension fund, or the investment board all compens
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Legislative History
(Source: P.A. 100-542, eff. 11-8-17.)
Nearby Sections
15
§ 1
§ 1§ 1-101
Short title§ 1-101.1
Definitions§ 1-101.2
Fiduciary§ 1-101.3
Party in interest§ 1-101.4
Investment adviser§ 1-101.5
Consultant§ 1-101.6
Transferor pension fund§ 1-103
Effect of headings§ 1-103.1
Application of amendments§ 1-103.2
§ 1-103.2§ 1-103.3
§ 1-103.3§ 1-104
Cross references§ 1-104.1
GenderCite This Page — Counsel Stack
Bluebook (online)
Illinois § 1-113.23, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/1-113.23.