Illinois Statutes
§ 7.13
Illinois § 7.13
JurisdictionIllinois
TopicGOVERNMENT
Ch. 20EXECUTIVE BRANCH
Act 20 ILCS 3805/Illinois Housing Development Act.
This text of Illinois § 7.13 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. 7.13 (2026).
Text
The Authority may invest any funds in mortgage participation certificates representing undivided interests in specified, first-lien conventional residential Illinois mortgages which are underwritten, insured, guaranteed or purchased by the Federal Home Loan Mortgage Corporation. The Authority may also invest any funds in such investments as may be lawful for fiduciaries in this State. The Authority may also invest any funds in such investments as may be lawful for State or nationally-chartered banks, State or federally-chartered savings and loan associations or fiduciaries subject to the Employee Retirement Income Security Act of 1974.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(Source: P.A. 87-250.)
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 7.13, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/20/7.13.