It is the purpose of this Act to enable human service providers to obtain long-term funding on more favorable terms by providing a mechanism whereby payments may be paid by the State directly to a trustee to replenish a reserve fund.
30 ILCS 435/5
Purpose
Known as the Human Services Provider Bond Reserve Payment Act
The act spans §§ 30-435-1 to 30-435-99 (7 sections).
P.A. 88-117.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.