Illinois Statutes

§ 5-197 — Accounting

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
An adequate system of accounts and records shall be established to give effect to the requirements of this Article, and shall be maintained in accordance with generally accepted accounting principles. The reserves designated in Sections 5-198 to 5-208, inclusive, shall be maintained.

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Legislative History

(Source: P.A. 85-964.)

Nearby Sections

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