Illinois § 7-192
Full text of Illinois Illinois Compiled Statutes § 7-192, with citation guidance and answers to common questions.
§ 7-192.
To submit annual statements. To submit an annual statement to the governing body of each participating municipality and governing body of each participating instrumentality and to any participating employee upon request, as soon after the end of each calendar year as possible. The statement shall include the following: a. A balance sheet, showing the financial and actuarial condition of the fund as of the end of the calendar year; b. A statement of receipts and disbursements during such year; c. A statement showing changes in the asset, liability, reserve and surplus accounts during such year; d. A detailed statement of investments as of the end of such year; e. Such additional statistics as are deemed necessary for a proper interpretation of the condition of the fund. (Source: Laws 1963, p. 161.)
Frequently Asked Questions About Illinois § 7-192
What does Illinois Compiled Statutes § 7-192 cover?
Section 7-192 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 § 7-192?
A common citation format is "Illinois Compiled Statutes § 7-192" (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 § 7-192 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.