Upon the Authority's issuance of revenue bonds for an Agency facility, the Agency shall purchase an insurance policy to cover those construction and operation costs associated with the facility. The policy shall remain in effect for the time period under which the Agency may accrue any liabilities associated with the facility.
20 ILCS 3855/1-95
Insurance
Known as the Illinois Power Agency Act
The act spans §§ 20-3855-1-1 to 20-3855-1-95 (42 sections).
P.A. 95-481, eff. 8-28-07.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.