Illinois Code § 65 ILCS 5/9-1-7

The corporate authorities, by ordinance, may create an
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unclaimed rebate fund and may provide for its regulation and control, and
from time to time upon the recommendation specified in Section 9-1-6, may
direct that the undistributed and unclaimed money described in Section
9-1-5, be set aside and transferred to the unclaimed rebate fund.

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