Illinois Compiled Statutes 30 ILCS 235/7 – When investing or depositing public funds, each custodian shall, to …
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Terms Used In Illinois Compiled Statutes 30 ILCS 235/7
- 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
When investing or depositing public funds, each custodian shall, to the extent permitted by this Act and by the lawful and reasonable performance of his custodial duties, invest or deposit such funds with or in minority-owned financial institutions within this State.