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TITLE 74: PUBLIC FINANCE
CHAPTER V: TREASURER PART 600 BANKING AND AUTOMATED TELLER MACHINE SERVICES SECTION 600.170 ADMINISTRATIVE EXPENSES
Section 600.170 Administrative Expenses
a) The administrative expenses of the Program shall be paid from the Treasurer's Bank Services Trust Fund. (See 30 ILCS 212/10.)
b) In the event that the Treasurer is obligated to pay administrative expenses of the Program, but the Treasurer's Bank Services Trust Fund has insufficient funds to make that payment, the obligation to pay the administrative expenses may accrue, but the Treasurer shall not pay the administrative expenses until such time as the Treasurer's Bank Services Trust Fund has sufficient funding to support the payment.
(Source: Amended at 49 Ill. Reg. 2206, effective February 5, 2025) |