Illinois Statutes

§ 13-708 — No commissions on investments

Illinois § 13-708
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 13 - Metropolitan Water Reclamation District Retirement Fund

This text of Illinois § 13-708 (No commissions on investments) 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. 13-708 (2026).

Text

No member of the Board, and no person officially connected with the Board, either as an employee or as a custodian of the Fund, shall receive any commissions on any investment made by the Board, or act as the agent of any other person or persons concerning any such investment.

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Legislative History

(Source: P.A. 87-794.)

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Bluebook (online)
Illinois § 13-708, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/13-708.