Sec. 6.13. Borrowing funds for operations.
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/il/chapter-110/act-945/6-13A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 6.13. Borrowing funds for operations. 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.