(30 ILCS 230/2A.2) (from Ch. 127, par. 172b)
Sec. 2A.2.
No officer or employee of this State shall create or maintain or
participate in a trust fund or bank or savings and loan association
deposit of any money received by him by
virtue of his office or employment except as provided by law. Any such
officer or employee who on the effective date of this amendatory Act of
1961 has in his possession, or after such effective date receives, money
under conditions which do not require payment thereof into the State
Treasury, but which he is authorized by law to receive and hold in a trust
fund or bank or savings and loan association deposit outside the State
Treasury, shall immediately submit a
report to the Auditor General identifying the trust fund or bank or savings
and loan association deposit as
well as the depository in which it is maintained.
If any such officer or employee receives or has in his possession money
under conditions which do not require payment thereof into the State
Treasury, and there is no trust fund or bank or savings and loan association
deposit authorized by law for
the receipt thereof, he may, upon the written approval of the Governor and
the State Comptroller, establish a temporary trust fund or bank or savings
and loan association deposit
which shall be legal until the thirtieth day after the sine die adjournment
of the next regular session of the General Assembly. A copy of such written
approval shall immediately be forwarded by the Comptroller to the Auditor
General.
As soon as the next regular session of the General Assembly has
organized for the transaction of business, a complete report concerning
each such temporary trust fund or bank or savings and loan association
deposit shall be filed, by the State
officer or employee having charge thereof, with the presiding officer of
each house of the General Assembly. If such General Assembly does not, by
law, authorize the continuance of the trust fund or bank or savings and
loan association deposit so
required to be reported, the money in such temporary trust fund or bank
or savings and loan association deposit shall be deposited in the general
revenue fund in the State
Treasury.
(Source: P.A. 83-541.)
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