Illinois Statutes
§ 1-125 — Prohibition on gifts
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 1 - General Provisions: Short Title, Effect Of Code And Other Provisions
(a)For the purposes of this Section: "Gift" means a gift as defined in Section 1-5 of the State Officials and Employees Ethics Act. "Prohibited source" means a person or entity who:
(i)is seeking official action (A) by the board or (B) by a board member;
(ii)does business or seeks to do business (A) with the board or (B) with a board member;
(iii)has interests that may be substantially affected by the performance or non-performance of the official duties of the board member; or (iv) is registered or required to be registered with the Secretary of State under the Lobbyist Registration Act, except that an entity not otherwise a prohibited source does not become a prohibited source merely because a registered lobbyist is one of its members or serves on its board of directors.
(b)No trust
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Legislative History
(Source: P.A. 95-950, eff. 8-29-08; 96-6, eff. 4-3-09.)
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
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