(70 ILCS 410/14) (from Ch. 96 1/2, par. 7115)
Sec. 14.
Gifts, contributions and bequests of money and all licenses, fees
and charges and other revenue or other money received or collected by the
district shall be deposited in the treasury of the district to be used for
the purchase of land, property and equipment and the payment of expenses
incurred in carrying out the activities of the district, except that monies
given, bequeathed or contributed upon specified trusts shall be held and
applied in accordance with the trust specified.
(Source: Laws 1963, p. 3000.)
|