To receive and accept from any source, loans, contributions or grants for or in aid of an Authority Education Loan financing program or any portion thereof and, when required, to use such funds, property or labor only for the purposes for which it was loaned, contributed or granted.
110 ILCS 945/6.10
Receipt and acceptance of loans, contributions or grants
Known as the Higher Education Loan Act
The act spans §§ 110-945-0-01 to 110-945-9 (53 sections).
P.A. 82-658.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.