Illinois § 3-11003
Full text of Illinois Illinois Compiled Statutes § 3-11003, with citation guidance and answers to common questions.
§ 3-11003.
Classification of funds. For the purpose of establishing a control over the withdrawal, in accordance with the provisions of this Division, of all county moneys deposited in any bank, savings and loan association, savings bank, or credit union, as hereinafter required, such moneys are hereby classified as follows: Class A. All taxes and special assessments received by the county treasurer in his capacity as ex officio county collector or ex officio town collector, and held by him pending distribution to the several governments or authorities entitled to receive the same, shall be known as "Class A" funds. Class B. All other moneys belonging to the State of Illinois or to any political or corporate subdivision thereof, except the county, shall be known as "Class B" funds. Class C. All moneys belonging to the county in its corporate capacity shall be known as "Class C" funds. Class D. All other county moneys as defined in Section 3-11001 shall be known as "Class D" funds. (Source: P.A. 97-129, eff. 7-14-11.)
Frequently Asked Questions About Illinois § 3-11003
What does Illinois Compiled Statutes § 3-11003 cover?
Section 3-11003 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 § 3-11003?
A common citation format is "Illinois Compiled Statutes § 3-11003" (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 § 3-11003 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.