Ill. Admin. Code tit. 89 § 140.517

Current through Register Vol. 48, No. 24, June 14, 2024

Section 140.517 - Correspondent Management of Funds

If the correspondent manages the funds, that individual shall:

a) Report changes in the recipient's circumstances to the local office;

b) Expend the funds for the recipient's benefit;

c) Keep an accurate record of all expenditures;

d) Safeguard the confidentiality of the recipient's funds; and

e) Notify the local office of any lump sum payment received.

Ill. Admin. Code tit. 89, § 140.517