(220 ILCS 10/17) (from Ch. 111 2/3, par. 917)
Sec. 17.
Expenses.
All expenses of the corporation incurred in carrying
out this Act shall be payable solely from the funding as provided under
this Act, and no liability may be incurred by the corporation beyond the
extent to which moneys have been provided under this Act except that, for
the purposes of meeting the necessary expenses of postage, preparing and
printing the enclosure, initial organization and operation of the corporation
for the period commencing on the effective date of this Act and continuing
until the first election of the board of directors under Section 12, the
corporation or any individual may borrow such moneys as it requires,
including moneys which may be loaned by the Illinois Commerce
Commission from funds appropriated for that purpose by law. Such moneys
borrowed by the corporation or any individual shall subsequently be repaid
with appropriate interest over a reasonable period of time. Loans made to
the corporation by the Illinois Commerce Commission shall be repaid within
24 months from the date the loan is made.
(Source: P.A. 83-945.)
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