Illinois Statutes

§ 5-117 — Assets

Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 5 - Policemen's Annuity And Benefit Fund--Cities Over 500,000
"Assets": The total value of cash, securities, and other property less all liabilities. Bonds shall be valued at their amortized book value.

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Legislative History

(Source: P.A. 78-833.)

Nearby Sections

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