Illinois Statutes

§ 2-141 — To accept gifts

Illinois § 2-141
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 2 - General Assembly Retirement System

This text of Illinois § 2-141 (To accept gifts) 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. 2-141 (2026).

Text

To accept any gift, grant or bequest of any money or securities. If the grantor specifies the purpose of providing cash benefits for some or all of the participants or annuitants of the system, the gift shall be so used; if no such purpose is designated, the gift shall be used to reduce the costs of the State for providing benefits.

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Legislative History

(Source: Laws 1963, p. 161.)

Nearby Sections

15
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Bluebook (online)
Illinois § 2-141, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/2-141.