Illinois Compiled Statutes 15 ILCS 520 Deposit of State Moneys Act. Section 22.8

    (15 ILCS 520/22.8)

    Sec. 22.8. The Treasurer shall develop, publish, and implement an investment policy covering the management of all State funds under his or her control. The investment policy shall be published each year in the Treasurers' annual report as prescribed in Section 15 of the State Treasurer Act (15 ILCS 505/15). The policy shall also be published at least once each year in at least one newspaper of general circulation in both Springfield and Chicago. Any such investment policy adopted by the Treasurer shall be reviewed, and updated if necessary, within 90 days following the installation of a new Treasurer.

(Source: P.A. 89-350, eff. 8-17-95.)

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Last modified: February 18, 2015