State of Illinois
92nd General Assembly
Legislation

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92_HB1259

 
                                               LRB9205982NTsb

 1        AN ACT regarding higher education.

 2        Be it enacted by the People of  the  State  of  Illinois,
 3    represented in the General Assembly:

 4        Section  5.  The  Higher Education Loan Act is amended by
 5    changing Section 6.10 as follows:

 6        (110 ILCS 945/6.10) (from Ch. 144, par. 1605.10)
 7        Sec.   6.10.    Receipt   and   acceptance   of    loans,
 8    contributions  or  grants.    To  receive and accept from any
 9    source, loans, contributions or grants for or in  aid  of  an
10    Authority  Education  Loan  financing  program or any portion
11    thereof and, when required, to use the such  funds,  property
12    or  labor  only  for  the  purposes  for which it was loaned,
13    contributed or granted.
14    (Source: P.A. 82-658.)

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