Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE74. PUBLIC FINANCE |
PART1100. ILLINOIS FINANCE AUTHORITY |
SUBPARTB. FINANCING PROGRAMS |
§1100.285. Noncompliance and Waiver
Latest version.
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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)