Sec. 835-15. Powers and duties.
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Sec. 835-15. Powers and duties. 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.