Illinois Compiled Statutes 50 ILCS 425 Revenue Anticipation Act. Section 7

    (50 ILCS 425/7) (from Ch. 85, par. 831-7)

    Sec. 7. Anticipatory obligations issued against such expected revenues for any purpose shall not be in excess of 85% of such revenues.

(Source: P.A. 83-1521.)

Sections:  Previous  0.01  1  2  3  4  5  6  7  8  9  10  11  12  Next

Last modified: February 18, 2015