ILCS » Chapter 35 · Act 200
Illinois Compiled Statutes

35 ILCS 200/21-300 (2026)

Amount to be retained in indemnity fund

✓ current as of May 2026
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(35 ILCS 200/21-300)
    Sec. 21-300. Amount to be retained in indemnity fund.
    (a) The county board in each county shall determine the amount of the fund to be maintained in that county, which amount shall not be less than 0.03% of the total assessed valuation, as equalized by the Department, of property within the County, or $50,000, whichever is greater, and shall not be greater than $1,000,000 in counties with less than 3,000,000 inhabitants, and not greater than $2,000,000 in counties with 3,000,000 or more inhabitants. Any moneys accumulated by the County Treasurer in excess of the amount so established, as trustee of the fund, shall be paid by him or her annually to the general fund of the County.
    (b) In counties in which a Tort Liability Fund is established, all sums of money received under subsection (a) of Section 21-295 may be deposited in the general fund of the county for general county governmental purposes, if the county board provides by ordinance that the indemnity required by this Section shall be provided by the Tort Liability Fund.
(Source: P.A. 86-1028; 86-1431; 88-455.)

    
Notes of Decisions
Cited in 2 cases, 2011–2011 · leading case: Demos v. Pappas, 2011 IL App (1st) 100829 (Ill. App. Ct. 2011).
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Demos v. Pappas, 2011 IL App (1st) 100829 (Ill. App. Ct. 2011). · cites it 2× “35 ILCS 200/21-300(a) (West 2008). “Any moneys accumulated by the County Treasurer in excess of the amount so established, as trustee of the fund, shall be paid by him or her annually to the general fund of the County.”
Demos v. Pappas, 956 N.E.2d 533 (Ill. App. Ct. 2011). · cites it 2× “35 ILCS 200/21-300(a) (West 2008). "Any moneys accumulated by the County Treasurer in excess of the amount so established, as trustee of the fund, shall be paid by him or her annually to the general fund of the County.”
— 35 ILCS 200/21-300(a) — 2 cases
Demos v. Pappas, 2011 IL App (1st) 100829 (Ill. App. Ct. 2011). “35 ILCS 200/21-300(a) (West 2008). “Any moneys accumulated by the County Treasurer in excess of the amount so established, as trustee of the fund, shall be paid by him or her annually to the general fund of the County.”
Demos v. Pappas, 956 N.E.2d 533 (Ill. App. Ct. 2011). “35 ILCS 200/21-300(a) (West 2008). "Any moneys accumulated by the County Treasurer in excess of the amount so established, as trustee of the fund, shall be paid by him or her annually to the general fund of the County.”
— 35 ILCS 200/21-300(b) — 2 cases
Demos v. Pappas, 2011 IL App (1st) 100829 (Ill. App. Ct. 2011). “35 ILCS 200/21-300(a) (West 2008). “Any moneys accumulated by the County Treasurer in excess of the amount so established, as trustee of the fund, shall be paid by him or her annually to the general fund of the County.”
Demos v. Pappas, 956 N.E.2d 533 (Ill. App. Ct. 2011). “35 ILCS 200/21-300(a) (West 2008). "Any moneys accumulated by the County Treasurer in excess of the amount so established, as trustee of the fund, shall be paid by him or her annually to the general fund of the County.”
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