(30 ILCS 235/2.10)
Unit of local government; deposit at reduced rate of interest.
The treasurer of a unit of
government may, in his or her discretion, deposit public moneys of that unit of
government in a financial institution pursuant to an agreement that provides
for a reduced
rate of interest, provided that the institution agrees to expend an amount of
to the amount of the reduction for senior centers.
(Source: P.A. 93-246, eff. 7-22-03.)