{"data":{"id":"us-il/30-ilcs-750-9-4.4","jurisdiction":"us-il","citation":"30 ILCS 750/9-4.4","heading":"Financial intermediary agreements.","body":"(a) The Department is authorized to exercise its powers and duties set forth in this Article through various financial intermediary agreements to assist young firms, including business start-ups and micro-enterprises; mature firms, including industrial expansions, modernizations, or environmental upgrades; and other targeted credit disadvantaged firms identified by the Department.\n(b) A financial intermediary agreement may include, but is not limited to, participation agreements in which the Department purchases an undivided interest in an otherwise qualifying loan made by a participating lender; seed financing or capitalization of revolving pools of money for lending or investing in third parties; financial aid for one or more credit enhancement pools of political subdivisions of the State; or financial aid for loan loss reserve accounts or certificates, provided the loss reserve accounts or certificates are established pursuant to a trust indenture executed for that purpose by a financial intermediary with a bank or trust company in the State of Illinois designated by the State Treasurer having trust powers.","path":["CHAPTER 30 FINANCE","Build Illinois Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=567\u0026ChapterID=7\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:19Z","sha256":"e4421a7561c243c3197e28b20be17de026ce9442ca3e63d1548688fa3d5fcd35","source_id":"us-il","stale":false,"prev":"us-il/30-ilcs-750-9-4.3","next":"us-il/30-ilcs-750-9-4.5"},"notice":"GroundRules: Original legal text. Not legal advice."}