(315 ILCS 20/22)
(from Ch. 67 1/2, par. 272)
Preference in issuance of certificates of convenience and necessity.
The Redevelopment Commission, in its issuance of certificates of
convenience and necessity pursuant to Section 18 of this Act, shall give
preference, other things being equal, to such Neighborhood Redevelopment
Corporation (as opposed to any other Neighborhood Redevelopment
Corporation), the pre-incorporation subscribers to the common shares of
which have been for two or more years preceding incorporation the owners of
not less than ten per centum in area of the Real Property located within
the proposed Development Area.
(Source: Laws 1941, vol. 1, p. 431.)