Current through Public Act 103-1052
Section 20 ILCS 3407/45-40 - Term of agreement; reversion of property to the Department(a) The Department may terminate the contractor's authority and duties under the public-private agreement on the date set forth in the public-private agreement.(b) Upon termination of the public-private agreement, the authority and duties of the contractor under this Act cease, except for those duties and obligations that extend beyond the termination, as set forth in the public-private agreement, and all interests in the Hotel Florence shall revert to the Department.Added by P.A. 103-0570,§ 45-40, eff. 1/1/2024.