Illinois Compiled Statutes

40 ILCS 5/13-211 (2026)

"Assets": The total value of cash, securities and other property held

✓ current as of May 2026
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(40 ILCS 5/13-211) (from Ch. 108 1/2, par. 13-211)
    Sec. 13-211. "Assets": The total value of cash, securities and other property held. Bonds shall be held at their amortized book values. Other investments shall be carried at book value in accordance with accounting procedures approved by the Board. Adjustments shall not be made in investment valuations for ordinary current market price fluctuation.
(Source: P.A. 87-794.)

    
Notes of Decisions
Cited in 1 case, 1993–1993 · leading case: Collins v. Bd. of Trs., Firemen's Annuity & Ben. Fund of Chicago, 610 N.E.2d 1250 (Ill. 1993).
Collins v. Bd. of Trs., Firemen's Annuity & Ben. Fund of Chicago, 610 N.E.2d 1250 (Ill. 1993). “,000 inhabitants); 40 ILCS 5/10-108 (West 1992) (forest preserve district employees' annuity and benefit fund); 40 ILCS 5/11-219 (West 1992) (Laborers' and Retirement Board Employees' Annuity and Benefit Fund—cities over 500,000 inhabitants); 40 ILCS 5/12-189 (West 1992) (Park…”
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