Debt limit

110 ILCS 73/30, under State University Certificates of Participation Act.

110 ILCS 73/30

(110 ILCS 73/30)

    Sec. 30. Debt limit. The maximum annual debt service for a State University's total certificate of participation obligation must not exceed the following:         (1) For the University of Illinois, $100,000,000.         (2) For Southern Illinois University, $20,000,000.         (3) For Northern Illinois University, $20,000,000.         (4) For Illinois State University, $10,000,000.         (5) For Western Illinois University, $10,000,000.         (6) For Eastern Illinois University, $10,000,000.         (7) For Northeastern Illinois University, $5,000,000.         (8) For Chicago State University, $5,000,000.         (9) For Governors State University, $5,000,000.

(Source: P.A. 96-15, eff. 6-22-09.)