State of Illinois
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92nd General Assembly

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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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