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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 2-50. Public-private agreement proceeds. After the payment of all transaction costs, including payments for legal, accounting, financial, consultation, and other professional services, all moneys received by the State as compensation for the public-private agreement shall be deposited into the South Suburban Airport Improvement Fund, which is hereby created as a special fund in the State treasury. Expenditures may be made from the South Suburban Airport Improvement Fund only in the manner as appropriated by the General Assembly by law.
Cite this article: FindLaw.com - Illinois Statutes Chapter 620. Air Transportation § 75/2-50. Public-private agreement proceeds - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-620-air-transportation/il-st-sect-620-75-2-50/
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