Illinois Statutes
§ 9-230 — No commissions on investments
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 9 - County Employees' and Officers' Annuity and Benefit Fund - Counties Over 3,000,000 Inhabitants
No member of the board, and no person officially connected with the board, as employee, legal advisor, custodian of the fund, or otherwise shall have any right to receive any commission or other remuneration on account of any investment made by the board, nor shall any such person act as the agent of any other person concerning any such investment.
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Legislative History
(Source: Laws 1963, p. 161.)
Nearby Sections
15
§ 9-101
Creation of fund§ 9-102
Terms defined§ 9-103
Fund§ 9-104
The 1925 Act§ 9-105
County pension fund§ 9-106
Effective date§ 9-107
Retirement board or board§ 9-108.1
§ 9-108.1§ 9-108.2
Gender§ 9-108.3
In service§ 9-109
"Present employee"§ 9-110
"Future entrant"§ 9-111
Re-entrant§ 9-112
Salary