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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 8-246. No commissions on investments.

63 words·~1 min read·/il/chapter-40/act-5/8-246

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Sec. 8-246. No commissions on investments.
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 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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