{"data":{"id":"us-il/110-ilcs-945-3.10","jurisdiction":"us-il","citation":"110 ILCS 945/3.10","heading":"Loan funding deposit.","body":"\"Loan funding deposit\" means monies or other property deposited by an institution of higher education or education loan corporation with the Authority or a trustee for the purpose of (a) providing security for Bonds, (b) funding a default reserve fund, (c) acquiring default insurance, or (d) defraying costs of the Authority, such monies or properties to be in such amounts as deemed necessary by the Authority as a condition for such institution's or education loan corporation's participation in the Authority's programs.","path":["CHAPTER 110 HIGHER EDUCATION","Higher Education Loan Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1160\u0026ChapterID=18\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:28Z","sha256":"58bae50a04ce4c0b232f607985be48f02a891e1fff6cc0c186450f5a65a7ae5c","source_id":"us-il","stale":false,"prev":"us-il/110-ilcs-945-3.09a","next":"us-il/110-ilcs-945-3.11"},"notice":"GroundRules: Original legal text. Not legal advice."}