Does IE 8 have a limit on number of stylesheets per page?

Question

In an answer about CSS, a user said:

Internet Explorer has is said to have a limit of 4096 CSS rules per file. Reference

Answer 1

This thread suggests there is a limit of 31 CSS references per page/CSS file but that you can achieve more than that by using @import and a nested hierarchy of CSS files.

More info from a Telerik blog on the issue making it clearer that this applies to IE8.