(40 ILCS 5/2-152)
(from Ch. 108 1/2, par. 2-152)
No monetary gain on investments.
No trustee or employee of the board shall have any direct interest in
the income, gains or profits of any investments made in behalf of the
system, nor receive any pay
or emolument for services in
connection with any investment. No trustee or employee of the board shall
become an endorser or surety, or in any manner an obligor for money loaned
or borrowed from the system. Whoever violates any of the provisions of this
Section is guilty of a petty offense.
(Source: P.A. 83-1440.)