Limitations on Funding

Section 715.610  Limitations on Funding a)         Account Maximum. The Treasurer may set a cap on the total funds held in any Loan Guarantee Account. Funds in excess of the cap may be withdrawn by the Treasurer. [15 ILCS 516/30-30] b)         Funding Maximum. The Treasurer may allocate up to $10,000,000 of investment earnings each year for the Program, provided that no more than $50,000,000 may be used for guaranteeing loans at any given time. [15 ILCS 516/30-35]