Illinois Compiled Statutes > 65 ILCS 5 > Article 11 > Art 11 prec Div 62 > Division 64 – Bonds for Municipal Buildings
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| § 65 ILCS 5/11-64-1 | Any municipality with a population of less than 500,000 may issue … |
| § 65 ILCS 5/11-64-2 | A certified copy of the ordinance authorizing the issuance of the … |
Terms Used In Illinois Compiled Statutes > 65 ILCS 5 > Article 11 > Art 11 prec Div 62 > Division 64 - Bonds for Municipal Buildings
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
- Trustee: A person or institution holding and administering property in trust.