40 ILCS 5/6-117

40 ILCS 5/6-117
in effect
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(40 ILCS 5/6-117) (from Ch. 108 1/2, par. 6-117) Sec. 6-117. Present value. "Present value": The amount of money needed to provide an annuity or benefit at some future date computed according to the applicable mortality and interest tables. (Source: Laws 1963, p. 161.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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