40 ILCS 5/18-148

Current through Public Act 103-593
Section 40 ILCS 5/18-148 - To accept gifts

To accept any gift, grant or bequest of any money or securities for the purpose designated by the grantor, if such purpose is specified as providing cash benefits for some or all of the participants or annuitants of the system, or if no such purpose is designated, for the purpose of reducing the costs of the State for providing benefits.

40 ILCS 5/18-148

Laws 1963, p. 161.