The Foundation must provide a written notice to any entity providing a gift, grant, or bequest to the Foundation that the Foundation is not subject to the provisions of the Public Funds Investment Act which Act places limitations on the types of securities in which a public agency may invest public funds.
20 ILCS 880/20
Disclosure to donors of exemption from Public Funds Investment Act
Known as the Illinois Conservation Foundation Act
The act spans §§ 20-880-1 to 20-880-99 (7 sections).
P.A. 92-797, eff. 8-15-02.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.