Terms Used In Illinois Compiled Statutes 15 ILCS 520/2

  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
     All financial institutions in which any such money is deposited shall be required to pay interest. All interest received or paid on account of money in the State Treasury belonging to or for the use of the State so deposited in financial institutions shall be the property of the State of Illinois. If any moneys held by the State Treasurer shall be deposited in financial institutions pursuant to the provisions of this Act, the interest received thereon shall be credited as provided in Section 4.1 of the State Finance Act.