(30 ILCS 105/6u)
(from Ch. 127, par. 142u)
All money returned to the State Treasurer by the paying agent
for any State bonds or interest coupons by reason of the failure of the
holder to present such bonds or coupons for payment within 2 years after
maturity shall be deposited in the Unclaimed Property Trust Fund. Upon
the subsequent presentation for payment of any such bond or coupon for
payment, payment shall be made from the Unclaimed Property Trust Fund.
The Treasurer shall transfer all unobligated and unexpended moneys remaining in the Matured Bond and Coupon Fund into the Unclaimed Property Trust Fund within 60 days after the effective date of this amendatory Act of the 97th General Assembly.
(Source: P.A. 97-935, eff. 8-10-12.)