§ 30 ILCS 435/1 Short title
§ 30 ILCS 435/5 Purpose
§ 30 ILCS 435/10 Definitions
§ 30 ILCS 435/15 Provider contracts
§ 30 ILCS 435/20 Payment to bond trustee
§ 30 ILCS 435/25 Report
§ 30 ILCS 435/99 This Act takes effect upon becoming law
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Terms Used In Illinois Compiled Statutes > 30 ILCS 435 - Human Services Provider Bond Reserve Payment Act

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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.
  • Trustee: A person or institution holding and administering property in trust.