Bonded indebtedness limitation

Illinois Compiled Statutes

Section: 830-25

Jurisdiction: IL

Bluebook Citation: 20 ILCS 3501/830-25

The Authority shall not have outstanding at any one time State Guarantees under Section 830-30 in an aggregate principal amount exceeding $160,000,000. The Authority shall not have outstanding at any one time State Guarantees under Sections 830-35, 830-45 and 830-50 in an aggregate principal amount exceeding $225,000,000. The Guarantees in this Section may be used to support Renewable Energy Projects as described in clauses (A) and (B) of subsection (b)(iii) of Section 825-65 of this Act. (Source: P.A. 96-103, eff. 1-1-10.)

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