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Public Act 92-0549
HB3734 Enrolled LRB9211610AGmb
AN ACT concerning public funds.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Public Funds Accounting Act is amended by
changing Section 4 as follows:
(30 ILCS 20/4) (from Ch. 102, par. 23)
Sec. 4. No funds, monies, or other things of value, in
the hands of the treasurer of any public or municipal
corporation, shall be paid out, disbursed or delivered,
except upon warrant, draft, electronic funds transfer, or
order signed and countersigned by the officers of the public
or municipal corporation authorized to sign and countersign
the same. Such funds may be disbursed by the treasurer, by
check issued or signed by him or his authorized deputy. If
required by statute, ordinance or resolution such check shall
be countersigned by an officer or agent of the public or
municipal corporation on whose behalf such disbursement is
made. This provision shall apply to all treasurers, including
county treasurers and ex-officio county collectors of taxes
and special assessments, and to all payments, disbursements
or deliveries, whether under the order of a court or
otherwise.
(Source: Laws 1937, p. 937.)
Section 99. Effective date. This Act takes effect upon
becoming law.
Passed in the General Assembly April 18, 2002.
Approved June 24, 2002.
Effective June 24, 2002.
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