Illinois Compiled Statutes 620 ILCS 75 Public-private Agreements for the South Suburban Airport Act. Section 2-130

    (620 ILCS 75/2-130)

    Sec. 2-130. Term of agreement; reversion of property to the Department.

    (a) The Department shall terminate the contractor's authority and duties under the public-private agreement on the date set forth in the public-private agreement.

    (b) Upon termination of the public-private agreement, the authority and duties of the contractor under this Act cease, except for those duties and obligations that extend beyond the termination, as set forth in the public-private agreement, and all interests in the South Suburban Airport shall revert to the Department.

(Source: P.A. 98-109, eff. 7-25-13.)

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Last modified: February 18, 2015