Illinois Compiled Statutes 20 Executive Branch: Article 845 - Authority Debts, Contracts And Reports

• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-5
  Bond limitations. (a) The Authority may not have outstanding at any one time bonds for any of its corporate purposes in an aggregate principal amount...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-10
  The Authority may issue a single bond issue pursuant to this Act for a group of industrial projects, a group of corporations or a...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-15
  The Authority may maintain an office or branch office anywhere in the State, and may utilize, without the payment of rent, any office facilities...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-20
  The Authority shall not have power to levy taxes for any purpose whatsoever. (Source: P.A. 93-205, eff. 1-1-04.)
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-25
  The Authority shall not incur any obligations for salaries, office or other administrative expenses prior to the making of appropriations to meet such expenses....
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-30
  The State and all counties, cities, villages, incorporated towns and other municipal corporations, political subdivisions and public bodies, and public officers of any thereof,...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-35
  Under no circumstances shall any bonds or other evidences of indebtedness issued by the Authority or the Predecessor Authorities under this Act or under...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-40
  The Authority shall appoint a secretary and treasurer, who may, but need not, be a member or members of the Authority to hold office...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-45
  (a) No member, officer, agent, or employee of the Authority shall, in his or her own name or in the name of a nominee,...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-50
  The fiscal year for the Authority shall commence on the first of July. As soon after the end of each fiscal year as may...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-55
  For the purposes of the Illinois Securities Law of 1953, bonds issued by the Authority shall be deemed to be securities issued by a...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-60
  Tax Exemption. The tax exemptions of outstanding bonds issued by the Predecessor Authorities pursuant to sections of the enabling acts of the Predecessor Authorities...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-65
  If any provision of this Act is held invalid, such provision shall be deemed to be excised and the invalidity thereof shall not affect...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-70
  Tax avoidance. Notwithstanding any other provision of law, the Authority shall not enter into any agreement providing for the purchase and lease of tangible...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-75
  Transfer of functions from previously existing authorities to the Illinois Finance Authority. (a) The Illinois Finance Authority created by the Illinois Finance Authority Act shall...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-80
  Any reference in statute, in rule, or otherwise to the following entities is a reference to the Illinois Finance Authority created by this Act:...
• Illinois Finance Authority Act. - 20 ILCS 3501, Section 845-85
  Any reference in statute, in rule, or otherwise to the following Acts is a reference to this Act: The Illinois Development Finance Authority Act....

Last modified: February 18, 2015