Illinois Compiled Statutes 615 ILCS 55/4 – No contract, agreement or other obligation may be entered into or …
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Terms Used In Illinois Compiled Statutes 615 ILCS 55/4
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
No contract, agreement or other obligation may be entered into or incurred for any expenditure of funds appropriated and made available to implement and carry out this Act without the prior written approval of the Governor.