Illinois Administrative Code
Title 74 - PUBLIC FINANCE
Part 755 - HOSPITAL BASIC SERVICES PRESERVATION ACT
Section 755.500 - Bank Proposals
Universal Citation: 74 IL Admin Code ยง 755.500
Current through Register Vol. 48, No. 38, September 20, 2024
a) Before disbursing moneys from the Fund, the Treasurer shall contact at least 5 approved financial institutions.
b) Potential lenders shall provide the Treasurer with an estimated collateralization ratio and a potential range of interest rates applicable to the proposed loan.
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