Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
Part 5010 - MARKING, INVENTORY, TRANSFER AND DISPOSAL OF STATE-OWNED PERSONAL PROPERTY
Subpart G - DISPOSITION OF VEHICLES
Section 5010.1170 - Funds Derived from Vehicle Sales
Universal Citation: 44 IL Admin Code ยง 5010.1170
Current through Register Vol. 48, No. 38, September 20, 2024
a) All funds derived from the sale of all operable and inoperable vehicles will be deposited into the State Surplus Property Revolving Fund or any other fund authorized by the legislature to receive proceeds of such sale.
b) In the event the General Assembly has authorized another fund to receive the proceeds of such sale, the Property Control Division shall retain sufficient proceeds to cover the cost of disposal.
Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
