Ill. Admin. Code tit. 74 § 722.720

Current through Register Vol. 48, No. 45, November 8, 2024
Section 722.720 - Nonassignability

The contract entered into between the Treasurer and a designated beneficiary under the Program, and the benefits, proceeds or payments under the Program cannot be sold, assigned, pledged, commuted, transferred or otherwise conveyed by a vendor, State agency or designated beneficiary. Any attempt to assign or transfer shall not be recognized and shall impose no liability upon the Treasurer.

Ill. Admin. Code tit. 74, § 722.720

Adopted at 41 Ill. Reg. 7133, effective 6/7/2017.
Amended at 45 Ill. Reg. 4133, effective 3/12/2021