(15 ILCS 520/4) (from Ch. 130, par. 23)
Sec. 4.
There shall be two classes of depositaries, time deposit and demand
deposit, and separate proposals shall be obtained for each class. In
calling for proposals the State Treasurer shall indicate that separate
quotations of rates of interest may be made upon such State moneys as shall
be deposited in such bank or savings and loan association and permitted
to remain without diminution for
30, 60 or 90 days, or for longer periods.
(Source: P.A. 83-541.)
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