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Code · Illinois · Chapter 30 — FINANCE · Act 500

Sec. 1-15.42. Grant.

83 words·~1 min read·/il/chapter-30/act-500/1-15-42

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Sec. 1-15.42. Grant. "Grant" means the furnishing by the State of assistance, whether financial or otherwise, to any person to support a program authorized by law. It does not include an award the primary purpose of which is to procure an end product for the direct benefit or use of the State agency making the grant, whether in the form of goods, services, or construction. A contract that results from such an award is not a grant and is subject to this Code.
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