Illinois Compiled Statutes 20 ILCS 4050 Hospital Basic Services Preservation Act. Section 20

    (20 ILCS 4050/20)

    (For Act Repeal see Section 30)

    Sec. 20. Responsibility of hospitals. Each hospital that receives a loan collateralized under this Act shall take the necessary measures, as defined by the State Treasurer by rule, to account for all moneys and to ensure that they are spent on the basic services for which the loan was approved.

(Source: P.A. 94-648, eff. 1-1-06; 95-707, eff. 1-11-08.)

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Last modified: February 18, 2015