5 ILCS 220/3.5

Current through Public Act 103-593
Section 5 ILCS 220/3.5 - Expenditure of funds - applicable standards

Any expenditure of funds by a public agency organized pursuant to an intergovernmental agreement in accordance with the provisions of this Act and consisting of 5 public agencies or less, except for an intergovernmental risk management association, self-insurance pool or self-administered health and accident cooperative or pool, shall be in accordance with the Illinois Purchasing Act if the State is a party to the agreement, and shall be in accordance with any law or ordinance applicable to the public agency with the largest population which is a party to the agreement if the State is not a party to the agreement. If the State is not a party to the agreement and there is no such applicable law or ordinance, all purchases shall be subject to the provisions of the Governmental Joint Purchasing Act . Such self-insurance or insurance pools may enter into reinsurance agreements for the protection of their members.

5 ILCS 220/3.5

P.A. 84-1431.
Amended by P.A. 099-0642,§ 35, eff. 7/28/2016.