Illinois General Assembly - Illinois Compiled Statutes

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15 ILCS 505/1

(15 ILCS 505/1) (from Ch. 130, par. 1)

Sec. 1.

Bond.

That the Treasurer of this State shall give bond,
before
entering upon the duties of his or her office, in the penal
sum of $500,000 by inclusion in the blanket bond or bonds or
self-insurance program provided for in Sections 14.1 and 14.2 of the Official
Bond Act.  The bond shall be conditioned (i) for the faithful
discharge
of the Treasurer's duties, (ii) to deliver up all
moneys, papers, books, records, and other property
appertaining to his or her office, whole, safe, and undefaced, to
the successor in
office, and (iii) that the Treasurer will give additional bonds when legally
required.

(Source: P.A. 90-372, eff. 7-1-98.)