Illinois Code § 110 ILCS 310/7

The treasurer of the said University, and the said board, are
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hereby required in the future to invest the principal of the funds arising
from the endowment granted by the United States, in interest-bearing bonds
of the United States, or of this State, or in good county or school
district bonds of this State. They are hereby prohibited from changing the
securities in which said fund may be invested, except for reinvestment in
interest-bearing bonds of the class and character specified above in this
section.

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