(40 ILCS 5/15-189) (from Ch. 108 1/2, par. 15-189)
Sec. 15-189.
No monetary gain on investments.
Except as otherwise herein provided, no member or employee of the board
shall have any direct interest in the income, gains or profits of any
investments made by the board, or receive any pay or emolument for services
in connection with any investment. No member 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. A violation of any of these restrictions shall
constitute a Class 4 felony.
(Source: P.A. 83-1440.)
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