20 ILCS 4050/20

Current through Public Act 103-1052

Section 20 ILCS 4050/20 - [See note for repeal] Responsibility of Hospitals

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

Amended by P.A. 095-0707,§ 5-7, eff. 1/11/2008.

Added by P.A. 094-0648, § 20, eff. 1/1/2006.

Section 30 of this Act, as added by P.A. 098-0438,§ 5, eff. 8/16/2013, provides for the Act's repeal "upon the occurrence of the conditions set forth in subsection (b) of Section 10 of this Act."