40 ILCS 5/2-115

40 ILCS 5/2-115

Last amended: 1963Year: 2026Length: 48 wordsOfficial source
(40 ILCS 5/2-115) (from Ch. 108 1/2, par. 2-115) Sec. 2-115. Prescribed rate of interest. "Prescribed rate of interest": 3% per annum compounded annually, or such other rate determined from the actual experience of the system as may be prescribed by the board. (Source: Laws 1963, p. 161.)
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