Illinois Code § 15 ILCS 505/4

If any person elected to the office of Treasurer shall fail to give
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bond or take the oath required of him, within ten days after he is declared
elected, the office shall be deemed vacant, and if the Treasurer, being
required to give additional bond, as provided in Section 3 hereof, fails to
do so within twenty days after notice of such requirement, his office may,
in the discretion of the Governor, be declared vacant, and filled as
provided by law.

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