Illinois Statutes
§ 5-1016 — Management of county funds and business
Illinois·Topic GOVERNMENT·Ch. 55 COUNTIES·Act 55 ILCS 5/ Counties Code.·Art. Article 5 - Powers And Duties Of County Boards
A county board may manage the county funds and county business, except as otherwise specifically provided. A county board may invest any trust fund, subject to its control and not otherwise restricted by law, in bonds or other interest bearing obligations of the United States maturing or subject to redemption at such time as shall not adversely affect the proper administration of the trust. Interest from any such investment shall accrue to the fund and shall, except to the extent otherwise provided by law or court order, become the property of the county upon disbursement of the fund.
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Illinois § 5-1016 (Management of county funds and business) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 86-962; 86-1028; 87-895.)
Nearby Sections
15
§ 5
§ 5§ 5-10001
License required§ 5-10002
Issuance of license§ 5-10003
Operation without license§ 5-10004
Qualifications for license§ 5-10004a
Applicant convictions§ 5-10005
Investigation of application; fee§ 5-10006
Hours of operation§ 5-10007
Revocation of license§ 5-10008
Prohibited persons§ 5-10009
Violations§ 5-1001
Corporate name of county§ 5-10010
State property§ 5-1002
Indemnity of sheriff or deputy§ 5-1002.5
§ 5-1002.5