Illinois Compiled Statutes 40 ILCS 5/14-146 – Undivided interests
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Terms Used In Illinois Compiled Statutes 40 ILCS 5/14-146
- 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 particular 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 as specified in this Article as it now exists or is subsequently amended.