TITLE 74: PUBLIC FINANCE
CHAPTER VIII: ILLINOIS FINANCE AUTHORITY
PART 1100 ILLINOIS FINANCE AUTHORITY
SECTION 1100.285 NONCOMPLIANCE AND WAIVER


 

Section 1100.285  Noncompliance and Waiver

 

Noncompliance by the Authority with any provisions of this Subpart will not invalidate any action taken by the Authority pursuant to a duly adopted resolution of the Authority within the powers delegated to the Authority under the Act.  The Authority may, by a vote of ten (10) members, waive any technical, non-substantive provision of this Subpart.  In any resolution of the Authority waiving a provision of this Subpart, the Authority will make findings of fact inducing it to waive the provision in question.

 

(Source:  Recodified from 14 Ill. Adm. Code 1220.520 at 31 Ill. Reg. 12104)