Illinois Compiled Statutes 30 Finance: Article -
- Illinois Short Term Borrowing Act. - 30 ILCS 340, Section 0.01
Short title. This Act may be cited as the Short Term Borrowing Act. (Source: P.A. 88-669, eff. 11-29-94; 93-1046, eff. 10-15-04.)
- Illinois Short Term Borrowing Act. - 30 ILCS 340, Section 1
Cash flow borrowing. Whenever significant timing variations occur between disbursement and receipt of budgeted funds within a fiscal year, making it necessary to borrow in...
- Illinois Short Term Borrowing Act. - 30 ILCS 340, Section 1.1
Borrowing upon failures in revenue. Whenever failures in revenues of the State occur, in order to meet those failures, the Governor, Comptroller, and Treasurer may...
- Illinois Short Term Borrowing Act. - 30 ILCS 340, Section 2
Sale of certificates. For borrowing authorized under Sections 1 and 1.1 of this Act, certificates may be issued and sold from time to time, in...
- Illinois Short Term Borrowing Act. - 30 ILCS 340, Section 3
There shall be prepared under the direction of the officers named in this Act such form of bonds or certificates as they shall deem advisable,...
Last modified: February 18, 2015