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Terms Used In Illinois Compiled Statutes 40 ILCS 5/22A-107

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
     “Invest”: To acquire, invest, reinvest, exchange or retain property held for a pension fund or education fund, sell and manage the reserves, funds, securities, moneys or assets of any pension fund, retirement system or education fund in accordance with this Article.