Illinois Statutes
§ 835-15 — Powers and duties
Illinois·Topic GOVERNMENT·Ch. 20 EXECUTIVE BRANCH·Act 20 ILCS 3501/ Illinois Finance Authority Act.·Art. Article 835 - Veterans Assistance
The Authority may enter into a State Guarantee with a lender, or a person holding a note, of a loan or loans to a qualified veteran-owned small business and may make payment, in whole or in part, on a State Guarantee from any of the following funds in such order and in such amounts as the Authority shall determine:
(1)the Industrial Project Insurance Fund (if the Authority exercises its discretion under subsection (j) of Section 805-20);
(2)the Illinois Agricultural Loan Guarantee Fund; or (3) the Illinois Farmer and Agribusiness Loan Guarantee Fund.
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Legislative History
(Source: P.A. 99-509, eff. 6-24-16.)
Nearby Sections
5
§ 835-10
Definitions§ 835-15
Powers and duties§ 835-20
§ 835-20§ 835-25
(Repealed)§ 835-5
Legislative findings