Ill. Admin. Code tit. 20, § 1810.800
a) Property acquired by an implementing entity wholly or in part with Trust Funds shall, consistent with the law and subject to the Council's approval, be used and managed to ensure that the property is used for purposes consistent with the Act. Title to the property will not be taken by the Council, but shall be vested in the implementing entity subject to the following restrictions on use and disposition of the property:
3) Disposition by an Implementing Entity other than a State Agency.
g) Specific standards for control of intangible property are provided as follows: