Illinois Statutes
§ 1-87 — Management and operating agreements
Illinois § 1-87
JurisdictionIllinois
TopicGOVERNMENT
Ch. 20EXECUTIVE BRANCH
Act 20 ILCS 3855/Illinois Power Agency Act.
Art.Article 1 - The Illinois Power Agency Act
This text of Illinois § 1-87 (Management and operating agreements) 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
20 Ill. Comp. Stat. 1-87 (2026).
Text
For projects costing the Agency $1,000,000,000 or more, the Agency shall enter into management and operating agreements for the relevant facility or facilities. Solicitation for any such management and operating agreement shall be pursuant to a request for proposals. The agreements must comply with the Internal Revenue Code and its regulations and shall not jeopardize the tax-exempt status of any bond issued in connection with a project for which the Agency entered into the agreement.
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Legislative History
(Source: P.A. 95-481, eff. 8-28-07.)
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Initial appointmentsCite This Page — Counsel Stack
Bluebook (online)
Illinois § 1-87, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/20/1-87.