Illinois § 16-175
Full text of Illinois Illinois Compiled Statutes § 16-175, with citation guidance and answers to common questions.
§ 16-175.
To make annual report. To make an annual financial report for each fiscal year ended June 30. A copy of the report shall be transmitted to the State Board of Education. The report of the retirement system shall contain a summary of the fiscal transactions for the preceding fiscal year, the amount of the accumulated cash and securities, and a balance sheet indicating the system's financial condition by means of an actuarial valuation. (Source: P.A. 83-1440.)
Frequently Asked Questions About Illinois § 16-175
What does Illinois Compiled Statutes § 16-175 cover?
Section 16-175 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 16-175?
A common citation format is "Illinois Compiled Statutes § 16-175" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 16-175 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.