Illinois Statutes
§ 21-8 — Interest on public funds
Illinois § 21-8
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 20/Revised Cities and Villages Act of 1941.
Art.prec. Sec. 21-5 - City Officers
This text of Illinois § 21-8 (Interest on public funds) 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. 21-8 (2026).
Text
Neither the treasurer nor any other officer of the city of Chicago having public funds in his possession or custody shall be entitled to the interest accruing thereon or any part thereof, but such interest shall inure to the benefit of such city and be paid into its treasury.
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Legislative History
(Source: Laws 1941, vol. 2, p. 19 .)
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Ordinance for submissionCite This Page — Counsel Stack
Bluebook (online)
Illinois § 21-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/21-8.