Illinois Statutes
§ 15-161 — To contract and act in its corporate name
Illinois § 15-161
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 15 - State Universities Retirement System
This text of Illinois § 15-161 (To contract and act in its corporate name) 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. 15-161 (2026).
Text
To be a public corporation of this State with power to enter into contracts, accept and make transfers of property, real and personal; to conduct in its corporate name all court proceedings which the board deems necessary to protect the interests of the State and of the intended beneficiaries under this Article; and generally to accomplish the objects and purposes thereof.
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Legislative History
(Source: Laws 1963, p. 161.)
Nearby Sections
15
§ 15-101
Creation of system§ 15-102
Terms defined§ 15-103
System§ 15-103.1
Traditional Benefit Package§ 15-103.2
Portable Benefit Package§ 15-103.3
Self-Managed Plan§ 15-104
The 1941 Act§ 15-105
Board§ 15-106
Employer§ 15-107
Employee§ 15-108
Participant§ 15-108.1
Tier 1 member§ 15-108.2
Tier 2 member§ 15-109
Participating employee§ 15-110
Basic compensationCite This Page — Counsel Stack
Bluebook (online)
Illinois § 15-161, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/15-161.