Illinois Statutes
§ 11-48.3-20
Illinois § 11-48.3-20
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 5/Illinois Municipal Code.
Art.Art 11 prec Div 45 - Cultural Activities
This text of Illinois § 11-48.3-20 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
65 Ill. Comp. Stat. 11-48.3-20 (2026).
Text
All funds deposited by the treasurer in any bank or savings and loan association shall be placed in the name of the Authority and shall be withdrawn or paid out only by check or draft upon the bank or savings and loan association, signed by the treasurer and countersigned by the chairperson of the Board. The Board may designate any of its members or any officer or employee of the Authority to affix the signature of the chairperson and another to affix the signature of the treasurer to any check or draft for payment of salaries or wages and for payment of any other obligation of not more than $2,500. No bank or savings and loan association shall receive public funds as permitted by this Section, unless it has complied with the requirements established pursuant to Section 6 of "An Act relati
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Legislative History
(Source: P.A. 86-279.)
Nearby Sections
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§ 11-1-8Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 11-48.3-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/11-48.3-20.