Illinois Compiled Statutes 40 ILCS 5/18-160 – Undivided interests
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Terms Used In Illinois Compiled Statutes 40 ILCS 5/18-160
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
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.