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Code · Illinois · Chapter 20 — EXECUTIVE BRANCH · Act 3501

Sec. 830-25. Bonded indebtedness limitation.

81 words·~1 min read·/il/chapter-20/act-3501/830-25

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Sec. 830-25. Bonded indebtedness limitation. 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.
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