Illinois Code § 70 ILCS 3605/17

The Authority shall have power to procure and enter into contracts
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(Section scheduled to be repealed on June 1, 2026)

 
Sec. 17. 

The Authority shall have power to procure and enter into contracts
for any type of insurance and indemnity against loss or damage to property
from any cause, including loss of use and occupancy, against death or
injury of any person, against employers' liability, against any act of any
member, officer or employee of the Board or of the Authority in the
performance of the duties of his office or employment or any other
insurable risk, and may self-insure or participate in joint
self-insurance pools or entities to insure against such risk.

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