70 ILCS 3015/0.01
Short title
Short title. This Act may be cited as the Sanitary Districts Corporate Notes Act. (Source: P.A. 86-1324.)
Illinois Compiled Statutes 70 ILCS 3015 — Sanitary Districts Corporate Notes Act.
Illinois · statute · 70 ILCS 3015 · 3 active provisions
Provisions
70 ILCS 3015/1
Any sanitary district, including the district organized under the Metropolitan Water Reclamation District Act, is authorized to issue from time to time general obligation corporate notes in an amount not to exceed 85% of the corporate taxes levied for the year during which said notes are issued, provided no such notes…
70 ILCS 3015/2
This Act shall be cumulative and it shall constitute complete authority for the issuance of notes as provided for hereunder notwithstanding any other statute or law to the contrary
This Act shall be cumulative and it shall constitute complete authority for the issuance of notes as provided for hereunder notwithstanding any other statute or law to the contrary. (Source: P.A. 76-1361.)