Illinois Compiled Statutes 5 ILCS 312/1-106 – Electronic Notarization Fund
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Terms Used In Illinois Compiled Statutes 5 ILCS 312/1-106
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
The Electronic Notarization Fund is created as a special fund in the State treasury. Moneys in the Electronic Notarization Fund during the preceding calendar year, shall be distributed, subject to appropriation, to the Secretary of State to fund the Department of Index’s implementation and maintenance of the electronic notarization commissions. This Section is effective on and after July 1, 2022.