Each hospital that receives a loan collateralized under this Act shall take the necessary measures, as defined by the State Treasurer by rule, to account for all moneys and to ensure that they are spent on the basic services for which the loan was approved.
20 ILCS 4050/20
Responsibility of hospitals
Known as the Hospital Basic Services Preservation Act
The act spans §§ 20-4050-1 to 20-4050-90 (9 sections).
P.A. 94-648, eff. 1-1-06; 95-707, eff. 1-11-08.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.