Illinois Code § 720 ILCS 5/33E-16

Misapplication of funds.
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Sec. 33E-16. 
Misapplication of funds. 
 
(a) An officer,
director, agent, or employee of, or affiliated in any capacity with any unit of
local government or school
district commits misapplication of funds when he or she knowingly
misapplies any of the moneys, funds, or credits of the unit of local government
or school district.

 
(b) Sentence. Misapplication of funds is a Class 3 felony.

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