Sec. 2-115. Prescribed rate of interest.
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/il/chapter-40/act-5/2-115A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 2-115. Prescribed rate of interest.
"Prescribed rate of interest": 3% per annum compounded annually, or such other rate determined from the actual experience of the system as may be prescribed by the board.