Illinois Compiled Statutes 15 ILCS 520 Deposit of State Moneys Act. Section 22

    (15 ILCS 520/22) (from Ch. 130, par. 41)

    Sec. 22.

    No securities, deposited with the State Treasurer, shall be removed from the State treasury except under the terms of this Act. The misappropriation or use of such securities, otherwise than as prescribed in this Act, shall be deemed a Class 3 felony. The State Treasurer shall be liable upon his official bond for any loss or misappropriation of securities so deposited.

(Source: P.A. 77-2610.)

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Last modified: February 18, 2015