Illinois Administrative Code
Title 41 - FIRE PROTECTION
Part 290 - FIRE TRUCK REVOLVING LOAN PROGRAM
Section 290.80 - Recordkeeping and Recovery of Funds
Universal Citation: 41 IL Admin Code ยง 290.80
Current through Register Vol. 48, No. 38, September 20, 2024
a) The loan recipient shall provide to the Authority and the Office proof of use of loan proceeds.
b) In the event of default that is not cured within 90 calendar days, the Office will notify the Office of the Comptroller to deduct the amount owed from any payments from other State agencies in accordance with the State Comptroller Act [15 ILCS 405/10.05] . In addition, the Office and/or the Authority may avail itself of all remedies, rights and provisions of law applicable in the circumstances, and the failure to exercise or exert any rights or remedies provided by law may not be raised as a defense by the recipient in default.
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.
