Illinois Compiled Statutes 20 ILCS 3805/9 – The ratio of loan to development cost and the amortization period of …
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Terms Used In Illinois Compiled Statutes 20 ILCS 3805/9
- Amortization: Paying off a loan by regular installments.
The ratio of loan to development cost and the amortization period of loans made by the Authority shall be determined in accordance with regulations formulated and published by the Authority.