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Admission of a resident is not limited or conditioned in |
any manner
by the financial status of the resident or his or |
her ability to pay
maintenance charges.
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The Department may accept and hold on behalf of the State, |
if for the
public interest, a grant, gift, devise, or bequest |
of money or property to
the Department made in trust for the |
maintenance or support of a resident
of an Illinois Veterans |
Home or for any other legitimate purpose. The Department shall |
cause each gift, grant,
devise, or bequest to be kept as a |
distinct fund and shall invest the same
in the manner provided |
by the laws of this State relating to securities in
which the |
deposit in savings banks may be invested. However, the
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Department may, at its discretion, deposit in a proper trust |
company, bank,
or savings bank, during the continuance of the |
trust, any fund left in
trust for the life of a person and |
shall adopt rules and regulations
governing the deposit, |
transfer, or withdrawal of the fund. The Department
shall, on |
the expiration of any trust as provided in any instrument
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creating the trust, dispose of the fund in the manner
provided |
in the instrument. The Department shall include in its required
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reports a statement showing what funds are so held by it and |
the condition
of the funds; provided that monies found on |
residents at the time of their
admission or accruing to them |
during their residence at a Home and monies
deposited with the |
administrators by relatives, guardians, or friends of
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residents for the special comfort and pleasure of the resident |