110 ILCS 73/30

Current through Public Act 103-1052

Section 110 ILCS 73/30 - 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.

110 ILCS 73/30

Added by P.A. 096-0015,§ 30, eff. 6/22/2009.