Sec. 8-211. Accounting.
45 words·~1 min read·
/il/chapter-40/act-5/8-211A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 8-211. Accounting. 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 8-212 to 8-221, inclusive, shall be maintained.