(45 ILCS 35/100)
(from Ch. 85, par. 6248-100)
Moneys of the Authority.
Moneys of an Authority shall be paid
to the treasurer of the Authority. The treasurer shall not commingle the
moneys with any other moneys, but shall deposit them in a separate account
or accounts. Moneys in the accounts shall be paid out on the check of the
treasurer on the requisition of the chairperson of the Authority or of
another person authorized by the Authority to make the requisition. The
Authority may deposit any of its rates, fees, rents, or other charges,
receipts, or income with any bank or trust company that is federally
insured and may deposit the proceeds of any bonds issued with any bank or
trust company that is federally insured, all as may be provided in any
agreement with holders of bonds issued under this Act.
(Source: P.A. 87-622.)