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IL SB2719
Bill
AI Summary
- Amends Section 1 of the State Treasurer Act (15 ILCS 505/1) to make a technical change regarding bond requirements.
- State Treasurer must provide a $500,000 bond before taking office through blanket bond, bonds, or self-insurance program under the Official Bond Act.
- Bond conditions require faithful discharge of duties, delivery of all moneys and property to successor, and provision of additional bonds when legally required.
- Changes the word "That" to "That" at the beginning of the bond requirement section (technical grammatical correction).
Legislative Description
STATE GOVERNMENT-TECH
Last Action
Session Sine Die
1/9/2019
Committee Referrals
Assignments4/27/2018
Executive2/20/2018
Assignments2/13/2018
Full Bill Text
No bill text available