Illinois Code § 40 ILCS 5/22A-113.3

Investable funds of education foundation.
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Sec. 22A-113.3. 
Investable funds of education foundation. 
The
Illinois Bank Examiners'
Education Foundation shall report to the board from time to time the
amounts of monies available for investment by the board. These amounts shall be
transferred promptly to the board's custodian or the custodian's authorized agent for the
account of the board to be applied for investment by the board. Notice to
the board of each such transfer shall be given by the Illinois Bank
Examiners' Education Foundation after the transfer occurs.

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