Illinois Compiled Statutes Clause Samples
The Illinois Compiled Statutes clause refers to the incorporation or reference of the body of laws enacted by the Illinois General Assembly. In practice, this clause may specify that the agreement is governed by Illinois law, or that certain rights and obligations are determined according to these statutes. Its core function is to ensure that the legal framework of Illinois applies to the contract, providing clarity and predictability regarding the interpretation and enforcement of the agreement.
Illinois Compiled Statutes. Borrower represents, warrants, covenants and agrees that all proceeds of the Loan evidenced by the Loan Documents will be used for the purposes specified in 815 ILCS 205/4(l) (c) of the Illinois Compiled Statutes, and that the indebtedness secured hereby constitutes a business loan which comes within the purview of such statute.
Illinois Compiled Statutes. ▇▇▇▇▇▇ Act, (40 USC 11) 3. Procurement, Management, and Administration of Engineering and Design related Services, (23 CFR 172) 4. Project Procedure Guide, IDOT, June 2009