Sec. 18-160. Undivided interests.
47 words·~1 min read·
/il/chapter-40/act-5/18-160A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 18-160. Undivided interests.
The assets of the system shall be invested as one fund, and no person, group of persons, or entity shall have any right in any specific security or property, or in any item of cash, other than an undivided interest in the whole.