Illinois § 1-40
Full text of Illinois Illinois Compiled Statutes § 1-40, with citation guidance and answers to common questions.
§ 1-40.
Illinois Power Agency Operations Fund. (a) The Illinois Power Agency Operations Fund is created as a special fund in the State treasury. (b) The Illinois Power Agency Operations Fund shall be administered by the Agency for the Agency's operations as specified in this Section. (c) All moneys used by the Agency from the Illinois Power Agency Operations Fund are subject to appropriation by the General Assembly. (d) All disbursements from the Illinois Power Agency Operations Fund shall be made only upon warrants of the State Comptroller drawn upon the State Treasurer as custodian of the Fund upon vouchers signed by the Director or by the person or persons designated by the Director for that purpose. The Comptroller is authorized to draw the warrant upon vouchers so signed. The State Treasurer shall accept all warrants so signed and shall be released from liability for all payments made on those warrants. (Source: P.A. 95-481, eff. 8-28-07.)
Frequently Asked Questions About Illinois § 1-40
What does Illinois Compiled Statutes § 1-40 cover?
Section 1-40 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 1-40?
A common citation format is "Illinois Compiled Statutes § 1-40" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 1-40 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.