Illinois Administrative Code
Title 74 - PUBLIC FINANCE
Part 1100 - ILLINOIS FINANCE AUTHORITY
Subpart B - FINANCING PROGRAMS
Section 1100.280 - Authority Fees
Universal Citation: 74 IL Admin Code ยง 1100.280
Current through Register Vol. 48, No. 38, September 20, 2024
a) Authority is statutorily required to support itself through charging fees to borrowers, interest on its loans and making investments.
b) The Authority shall establish appropriate fees from time to time, and shall publish such fees applicable to each of its program. The Authority will provide borrowers with detailed information concerning the fees applicable to the particular project.
c) Borrowers are advised that the Authority fees do not include any other party involved in the financing unless specifically stated. Borrowers should consult their counsel or financial advisor as to the fees of other parties.
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