TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT
CHAPTER II: ILLINOIS EXPORT DEVELOPMENT AUTHORITY
PART 900 PROGRAMS
SECTION 900.200 STANDARDS


 

Section 900.200  Standards

 

In administering its programs, the Authority shall, in those instances where the Act or this Part require or permit the making of any findings, determinations, or the exercise of discretion, in addition to any criteria specifically set forth in the Act or in this Part, consider the following factors:  

 

a)         The purpose of the Act;

 

b)         The current financial condition of a particular financial intermediary, and the Authority's experience with loans to such financial intermediary;

 

c)         The experience of a financial intermediary in making any on-loan to a particular eligible exporter;

 

d)         The Authority's ability to borrow;

 

e)         The Authority's ability to meet its financial obligations;

 

f)         The Authority's obligations under the terms of any trust agreement or indenture;

 

g)         The financial integrity of the Authority; and,

 

h)         The standards of a prudent investor or prudent lender.