Illinois Compiled Statutes 20 ILCS 1110/6 – The Department of Commerce and Economic Opportunity is authorized to …
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Terms Used In Illinois Compiled Statutes 20 ILCS 1110/6
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The Department of Commerce and Economic Opportunity is authorized to use general obligation bond funds for the purposes of issuing grants in accordance with this Act and the General Obligation Bond Act.