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  6. Title 1 - Provisions of Gen...
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  8. Chapter 12 - Quasi-Public Agencies


Chapter 12 - Quasi-Public Agencies


  • Section 1-120 - Definitions.
  • Section 1-121 - Notice prior to action on procedures. Adoption procedure. Emergency procedures.
  • Section 1-122 - Compliance audit.
  • Section 1-123 - Reports.
  • Section 1-124 - Treasurer's approval required for state contribution to or guarantee of bonds, notes, borrowed money. Determination of authority to moderate interest rate fluctuations.
  • Section 1-125 - Directors, officers and employees not personally liable. Indemnification.
  • Section 1-125a - Prohibition against certain payments to resigning or retiring employees pursuant to settlement or nondisparagement agreement. Whistle-blowing.
  • Section 1-126 - Penalty for false statements.
  • Section 1-127 - Restriction on entities conducting financial audits.
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