Illinois Administrative Code
Title 14 - COMMERCE
Part 900 - PROGRAMS
Subpart C - MISCELLANEOUS
Section 900.200 - Standards

Universal Citation: 14 IL Admin Code ยง 900.200

Current through Register Vol. 48, No. 12, March 22, 2024

In administering its programs, the Authority shall, in those instances where the Act or this Part require or permit the making of any findings, determinations, or the exercise of discretion, in addition to any criteria specifically set forth in the Act or in this Part, consider the following factors:

a) The purpose of the Act;

b) The current financial condition of a particular financial intermediary, and the Authority's experience with loans to such financial intermediary;

c) The experience of a financial intermediary in making any on-loan to a particular eligible exporter;

d) The Authority's ability to borrow;

e) The Authority's ability to meet its financial obligations;

f) The Authority's obligations under the terms of any trust agreement or indenture;

g) The financial integrity of the Authority; and,

h) The standards of a prudent investor or prudent lender.

Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.