Illinois Statutes
§ 5-221 — No commissions on investments
Illinois § 5-221
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 § 5-221 (No commissions on investments) 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. 5-221 (2026).
Text
No member of the Board of Trustees and no person officially connected with the board either as an employee or as legal advisor thereof or as a custodian of the fund, shall receive any commissions on account of any investment made by the board.
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Legislative History
(Source: Laws 1963, p. 161.)
Nearby Sections
15
§ 5-101
Creation of fund§ 5-102
Terms defined§ 5-103
§ 5-103§ 5-104
Park Policemen's Annuity Act§ 5-107
Effective date§ 5-109
Policeman§ 5-109.1
Gender§ 5-110
Present employee§ 5-111
Future entrant§ 5-112
Active policeman§ 5-113
Act of duty§ 5-114
SalaryCite This Page — Counsel Stack
Bluebook (online)
Illinois § 5-221, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/5-221.