40 ILCS 5/22C-108

Current through Public Act 103-1052
Section 40 ILCS 5/22C-108 - Investment advisor

"Investment advisor" means any person or business entity that provides investment advice to the board on a personalized basis and with an understanding of the policies and goals of the board. "Investment advisor" does not include any person or business entity that provides statistical or general market research data available for purchase or use by others.

40 ILCS 5/22C-108

Added by P.A. 101-0610,§ 10, eff. 1/1/2020.