§ 1 Short title
§ 2 Declaration of necessity and purpose – Liberal construction
§ 3 Definitions
§ 4 Transfer of functions from the Illinois Development Finance Authority …
§ 7 Powers
§ 7.5 Required findings for environmental facilities located outside the State
§ 8 Acquisition of property
§ 9 Bonds
§ 10 Security for bonds
§ 11 Payment of bonds-Nonliability of State
§ 12 Taxation; securities law
§ 14 Conveyance of title
§ 15 Powers not restricted-law complete in itself
§ 16 Investment of funds. The State authority may invest any funds in …
§ 17 Bonds eligible for investment
§ 18 Exemption from construction and bidding requirements for public …
§ 19 Powers additional to those granted by other laws – Severability. The …

Terms Used In Illinois Compiled Statutes > 20 ILCS 3515

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Grantor: The person who establishes a trust and places property into it.
  • individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Legacy: A gift of property made by will.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14