(40 ILCS 5/2-141)
(from Ch. 108 1/2, par. 2-141)
To accept gifts.
To accept any gift, grant or bequest of any money or securities. If the
grantor specifies the purpose of providing cash benefits for some or all of
the participants or annuitants of the system, the gift shall be so used; if
no such purpose is designated, the gift shall be used to reduce the costs
of the State for providing benefits.
(Source: Laws 1963, p. 161.)