Illinois Statutes

§ 5-197 — Accounting

Illinois § 5-197
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 5 - Policemen's Annuity And Benefit Fund--Cities Over 500,000

This text of Illinois § 5-197 (Accounting) 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. 5-197 (2026).

Text

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

15
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Bluebook (online)
Illinois § 5-197, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/5-197.