(20 ILCS 220/7) (from Ch. 127, par. 42a8)
Sec. 7.
Trust assets transferred by the Secretary of Agriculture of the United
States to the State of Illinois under Section 2 or any other assets, funds,
or monies received pertaining to the administration of this Act shall be
deposited and held by the State Treasurer as ex officio custodian thereof,
separate and apart from all public money or funds of this State in a
special trust fund outside of the State Treasury to be administered by the
Director of Agriculture. All disbursements from the fund shall be made only
upon warrants of the Auditor of Public Accounts or his successor drawn upon
the Treasurer as custodian of this fund, upon vouchers signed by the
Director of Agriculture. The Auditor of Public Accounts or his successor is
hereby authorized to draw such warrants upon vouchers so signed. The
Treasurer shall accept all warrants so signed and shall be released from
liability for all payments thereon. All monies from any investments of the
assets of this special trust fund shall be paid into such fund.
(Source: P.A. 78-255.)
|