(20 ILCS 3520/50)
Sec. 50. Study of "incubator". The Department is authorized to study the need for and to create a component for the Program to be referred to as the "incubator" of the Program. The Department is authorized to create the incubator in order to assist principals by identifying federal, State, local, and private sector resources. These resources, such as financial and management assistance, shall be designed to improve principals' ability to comply with a contract for which a guaranty is sought.
(Source: P.A. 88-407; 88-665, eff. 9-16-94.)
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Last modified: February 18, 2015