Illinois Compiled Statutes 305 ILCS 5/11-3.3 – Payment to provider or governmental agency or entity
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Terms Used In Illinois Compiled Statutes 305 ILCS 5/11-3.3
- Trustee: A person or institution holding and administering property in trust.
Payments under this Code shall be made to the provider, except that the Department may issue or may agree to issue the payment directly to the Illinois Finance Authority or any other governmental agency or entity, including any bond trustee for that agency or entity, to whom the provider has assigned, reassigned, sold, pledged or granted a security interest in the payments that the provider has a right to receive, provided that the issuance or agreement to issue is not prohibited under Section 1902(a)(32) of the Social Security Act.