(310 ILCS 5/35) (from Ch. 67 1/2, par. 185)
Sec. 35.
If in any fiscal year the gross receipts of a housing corporation
from any project shall exceed an amount sufficient to meet the charges with
reference to that project specified in Section 30 of this Act, the
balance shall be applied to the pro rata reduction of rentals of housing
accommodations in the project, unless the directors of the corporation with
the approval of the Illinois Housing Development Authority shall deem such
balance too small for effective application to that purpose.
(Source: P.A. 76-1176.)
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