110 ILCS 62/40

Current through Public Act 103-593
Section 110 ILCS 62/40 - Available funds

A public university may use funds designated for operating or capital expenditures for any guaranteed energy savings contract, including purchases using installment payment contracts or lease purchase agreements. A public university that enters into such a contract or agreement may covenant in such contract or agreement that payments made thereunder shall be payable from the first funds legally available in each fiscal year.

110 ILCS 62/40

P.A. 90-486, eff. 8/17/1997.