Illinois Statutes
§ 6.13 — Borrowing funds for operations
Illinois § 6.13
JurisdictionIllinois
TopicEDUCATION
Ch. 110HIGHER EDUCATION
Act 110 ILCS 945/Higher Education Loan Act.
This text of Illinois § 6.13 (Borrowing funds for operations) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
110 Ill. Comp. Stat. 6.13 (2026).
Text
To borrow working capital funds and other funds as may be necessary for start-up and continuing operations, as long as such funds are borrowed in the name of the Authority only. Such borrowings shall be limited obligations of the character described in Section 12 of this Act and shall be payable solely from revenues of the Authority or the proceeds of Bonds pledged for that purpose.
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Legislative History
(Source: P.A. 82-658.)
Nearby Sections
15
§ 6
Report§ 6-1
Short title§ 6-10
Powers§ 6-12
Eminent domain§ 6-15
Issuance of Bonds§ 6-2
§ 6-2§ 6-20
Security of Bonds§ 6-25
Enforcement of Contract§ 6-30
Moneys of the Board§ 6-35
Validity of Bonds§ 6-4.1
§ 6-4.1§ 6-4.2
In-district tuition chargeCite This Page — Counsel Stack
Bluebook (online)
Illinois § 6.13, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/110/6.13.