§722.720. Nonassignability  


Latest version.
  • The contract entered into between the Treasurer and a designated beneficiary under the Program, and the benefits, proceeds or payments under the Program cannot be sold, assigned, pledged, commuted, transferred or otherwise conveyed by a vendor, State agency or designated beneficiary. Any attempt to assign or transfer shall not be recognized and shall impose no liability upon the Treasurer.

     

(Source:  Amended at 45 Ill. Reg. 4133, effective March 12, 2021)