§ 30 ILCS 160/1 This Act may be cited as the Public Use Trust Act
§ 30 ILCS 160/2 (a) The Department of Agriculture, the Department of Natural …
§ 30 ILCS 160/3 The Auditor General shall audit every trust created under this Act …
§ 30 ILCS 160/4 If a State agency listed in Section 2, as trustee, violates its …

Terms Used In Illinois Compiled Statutes > 30 ILCS 160 - Public Use Trust Act

  • 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
  • Fiduciary: A trustee, executor, or administrator.
  • Trustee: A person or institution holding and administering property in trust.