Illinois Compiled Statutes 805 ILCS 35 Illinois Development Credit Corporation Act. Section 2

    (805 ILCS 35/2) (from Ch. 32, par. 1002)

    Sec. 2. The purpose of this Act is to assist and encourage the development and advancement of the business prosperity and economic welfare of the State, to assist and encourage the expansion of existing industries and the location of new industries in this State, and to provide for maximum opportunities for employment, and to these ends to establish a source of credit not otherwise available through conventional commercial channels for the promotion, development and conduct of new and expanded business activities in this State.

(Source: Laws 1965, p. 577.)

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Last modified: February 18, 2015