40 ILCS 5/7-202

(40 ILCS 5/7-202) (from Ch. 108 1/2, par. 7-202)

Sec. 7-202. Accounts. An adequate system of accounts shall be kept in accordance with generally accepted accounting and sound actuarial principles. The accounts and reserves designated in Section 7-203 to 7-208, inclusive, shall be maintained.

(Source: Laws 1963, p. 161.)