§ 30 ILCS 315/1 This Act shall be known and may be cited as the Illinois Bond …
§ 30 ILCS 315/2 As used in this Act, unless the context otherwise requires: the terms …
§ 30 ILCS 315/2.01 “Bond” includes general obligation bonds, revenue bonds and refunding …
§ 30 ILCS 315/2.02 “Local governmental entity” includes local public entities, as …
§ 30 ILCS 315/2.03 “Issuing authority” means the corporate authorities or governing body …
§ 30 ILCS 315/2.04 “Officer” means the person or persons designated by Illinois law to …
§ 30 ILCS 315/2.05 “Replacement bond” means a bond and any coupons in connection …
§ 30 ILCS 315/3 An issuing authority shall issue a replacement bond for an unmatured …
§ 30 ILCS 315/4 Any replacement bond must: (a) Be of …
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Terms Used In Illinois Compiled Statutes > 30 ILCS 315 - Illinois Bond Replacement Act

  • Heretofore: means any time previous to the day on which the statute takes effect; and the word "hereafter" at any time after such day. See Illinois Compiled Statutes 5 ILCS 70/1.17
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.