(65 ILCS 5/9-1-7)
(from Ch. 24, par. 9-1-7)
The corporate authorities, by ordinance, may create an
unclaimed rebate fund and may provide for its regulation and control, and
from time to time upon the recommendation specified in Section 9-1-6, may
direct that the undistributed and unclaimed money described in Section
9-1-5, be set aside and transferred to the unclaimed rebate fund.
(Source: Laws 1961, p. 576.)