Illinois Compiled Statutes 30 Finance: Article -

• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 0.01
  Short title. This Act may be cited as the Public Funds Investment Act. (Source: P.A. 86-1324.)
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 1
  The words "public funds", as used in this Act, mean current operating funds, special funds, interest and sinking funds, and funds of any kind or...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 2
  Authorized investments. (a) Any public agency may invest any public funds as follows: (1) in bonds, notes, certificates of indebtedness, treasury bills or other securities...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 2.5
  Investment policy. (a) Investment of public funds by a public agency shall be governed by a written investment policy adopted by the public agency....
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 2.10
  Unit of local government; deposit at reduced rate of interest. The treasurer of a unit of local government may, in his or her discretion,...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 3
  If any securities, purchased under authority of Section 2 hereof, are issuable to a designated payee or to the order of a designated payee,...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 4
  All securities purchased under the authority of this Act shall be held for the benefit of the public agency which purchased them, and if...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 5
  This Act, without reference to any other statute, shall be deemed full and complete authority for the investment of public funds, as hereinabove provided,...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 6
  Report of financial institutions. (a) No bank shall receive any public funds unless it has furnished the corporate authorities of a public agency submitting a...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 6.5
  Federally insured deposits at Illinois financial institutions. (a) Notwithstanding any other provision of this Act or any other statute, whenever a public agency invests public...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 7
  When investing or depositing public funds, each custodian shall, to the extent permitted by this Act and by the lawful and reasonable performance of...
• Illinois Public Funds Investment Act. - 30 ILCS 235, Section 8
  Consideration of financial institution's commitment to its community. (a) In addition to any other requirements of this Act, a public agency is authorized to...

Last modified: February 18, 2015