52,437 sections across 2,546 Illinois regulatory chapters.
R.886.510 Section 886.510: Credit Worthiness and Financial Capability
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Section 886.510 Credit Worthiness and Financial Capability a) The loan applicant shall demonstrate to the Agency that it has the necessary legal, financial and managerial capability to: 1) Retire the loan; and 2) Meet any covenants and requirements in the loan agreement. b) The A…
R.886.600 Section 886.600: Dedicated Source of Revenue, Security and Collateral
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Section 886.600 Dedicated Source of Revenue, Security and Collateral a) Units of local government shall be required to secure the loan repayment obligation by pledging and dedicating a source of revenue to make loan repayments. Prior to loan approval, the Agency shall review the …
R.886.605 Section 886.605: Loan Repayment to the Agency
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Section 886.605 Loan Repayment to the Agency Loan repayment to the Agency shall be in accordance with the loan repayment provisions contained in the loan agreement. a) Loan repayment shall commence within 12 months after the initial disbursement of funds by the Agency. b) The Age…