2023 Illinois Compiled Statutes 20 ILCS 3510/5 – Bonds as limited obligations
Current as of: 2023 | Check for updates
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Bonds issued by the Authority under this Act shall be limited obligations of the Authority payable solely from such revenues, securities, funds, and other assets as the resolution of the Authority authorizing issuance of the bonds shall provide. Bonds issued by the Authority under this Act shall not constitute a general obligation or debt of the Authority, the State or any political subdivision of the State.