Terms Used In Illinois Compiled Statutes 40 ILCS 5/14-135.01

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
     To establish an office or offices for the meetings of the board and for the administrative personnel; to provide for the installation of a complete and adequate system of accounts and records which will give effect to the requirements of this Article; and to credit all assets of the system according to the purposes for which they are held. All books and records shall be kept in such offices.