Illinois Code § 40 ILCS 5/17-127.1

Special revenues.
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Donations, gifts, and legacies received
by the fund shall be held and accounted
for as the Board so provides by appropriate
resolution. Nothing
in this Article shall be so construed as to prevent the
Board from directing such resources to be
used for memorial or other commemorative purposes
honoring the grantors, while alive or posthumously, of such special revenues.

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