(505 ILCS 40/8)
(from Ch. 5, par. 708)
Prior to the consideration of any proposed corn marketing program
or amendment, the Director may require the sponsors therefor to deposit
with him such funds, not to exceed $5,000, as may be necessary to defray
the expenses of preparing, holding hearings and conducting the referendum
on such corn marketing program or amendment. Any funds received by the Director
shall be deposited with the State Treasurer as ex-officio custodian and
held by him separate and apart from any other public moneys of this State
in a trust fund designated as the Corn Commodity Trust Fund and disbursed
only upon a voucher or order issued by the Director and paid by a warrant
drawn by the State comptroller and countersigned by the State Treasurer.
The Director shall order disbursements from the Corn Commodity Trust Fund
only for payment of the expenses authorized by this Act.
Any funds collected beyond actual expenses shall be reimbursed to the sponsors.
The Treasurer of the corn marketing board shall reimburse the sponsors in
the amount of the deposit, less any refunds, from fees received under such
program if such program is established.
(Source: P.A. 81-189.)