15 ILCS 516/30-36
Loan Guarantee Administrative Trust Fund
Illinois · Illinois Compiled Statutes 15 ILCS 516 — Community Development Loan Guarantee Act. · Status: effective
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- Citation
- 15 ILCS 516/30-36, Loan Guarantee Administrative Trust Fund, Illinois, version 1 as recorded 2026-08-14, yourstate.us, https://yourstate.us/provision/1267985
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Full text
Loan Guarantee Administrative Trust Fund. The Loan Guarantee Administrative Trust Fund is created as a nonappropriated trust fund within the State treasury. Moneys in the Fund may be used by the State Treasurer to guarantee loans and to cover administrative expenses related to the Program. The Fund may receive any grants or other moneys designated for administrative purposes from the State, from any unit of federal, State, or local government, or from any other person, firm, partnership, or corporation. (Source: P.A. 103-8, eff. 6-7-23.)