TITLE 74: PUBLIC FINANCE
CHAPTER V: TREASURER
PART 600 BANKING AND AUTOMATED TELLER MACHINE SERVICES
SECTION 600.150 AGREEMENTS WITH FINANCIAL INSTITUTIONS AND PROVIDERS


 

Section 600.150  Agreements with Financial Institutions and Providers

 

a)         The Treasurer may enter into a written agreement with a financial institution or provider for the provision of banking services at the State Capitol.  At a minimum, the agreement shall include the level of banking services to be provided, the amount of compensation to be paid to the financial institution or provider, and any other terms deemed proper and necessary by the Treasurer.

 

b)         The Treasurer may enter into a written agreement with a financial institution or a provider for the provision of ATM services at a State Office Building, State Tourism Center, State Property or State Fairgrounds.  At a minimum the agreement shall include:

 

1)         the amount of compensation to be paid to the financial institution or provider;

 

2)         the quantity of machines to be located at the property and the exact location of the service or machine; and

 

3)         processes for payment of expenses incurred in location the machine or service.  [15 ILCS 505/18]

 

(Source:  Amended at 49 Ill. Reg. 2206, effective February 5, 2025)