Sec. 20. Disclosure to donors of exemption from Public Funds Investment Act.
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/il/chapter-20/act-880/20A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 20. Disclosure to donors of exemption from Public Funds Investment Act. 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.