Section 1100.670  Length of Bond Issue

The Act limits the life of an Authority bond issue under this Subpart to 40 years.  The Authority will, in consultation with its fiscal advisor and the applying institution, determine the length of any given issue.

(Source:  Amended at 11 Ill. Reg. 9106, effective April 28, 1987; recodified from 23 Ill. Adm. Code 2310.60 at 31 Ill. Reg. 12104)