TITLE 74: PUBLIC FINANCE
CHAPTER VII: ILLINOIS STATE BOARD OF INVESTMENT
PART 800 RULES AND REGULATIONS OF THE BOARD
SECTION 800.220 FIDUCIARY ASPECTS


 

Section 800.220  Fiduciary Aspects

 

The Board shall have a fiduciary identity and trust aspects. By the name of "Illinois State Board of Investment," or its designated nominee, all its business shall be transacted, all funds coming under its custody and control shall be invested, and all securities and other property which it acquires shall be held in trust for the specific purposes set forth in the governing statute.