(55 ILCS 5/5-1122)
Check cashing and automatic teller machine services.
The county board may enter into written agreements with financial institutions
for the placement of check cashing or automatic teller machine services, or
both, at any county office buildings, including courthouses. The county board
shall establish procedures for the competitive selection of financial
institutions to provide the services authorized under this Section.
The agreements with the financial institutions shall establish the amount of
compensation to be paid by the financial institution. The financial
institution shall pay the compensation to the County Treasurer in accordance
with the terms of the agreement.
This Section does not apply to a county office building in which a currency
exchange or a credit union located in the building is providing financial
services on the effective date of this amendatory Act of 1996.
(Source: P.A. 89-585, eff. 1-1-97.)