Illinois Compiled Statutes 60 Townships: Article 280 - Township Refunding Bonds

• Illinois Township Code. - 60 ILCS 1, Section 280-5
  Refunding bonds. (a) The corporate authorities of any township, without submitting the question to the electors of the township for approval, may authorize by...
• Illinois Township Code. - 60 ILCS 1, Section 280-10
  Refunding bond ordinance; tax rate. (a) The ordinance authorizing the refunding bonds shall prescribe all details of the refunding bonds and shall provide for...
• Illinois Township Code. - 60 ILCS 1, Section 280-15
  Exchange or sale of refunding bonds. (a) The refunding bonds may be exchanged for the bonds to be refunded on the basis of dollar...
• Illinois Township Code. - 60 ILCS 1, Section 280-20
  Form of refunding bonds; use of tax proceeds. (a) The refunding bonds shall be of a form and denomination, payable at a place, bear...
• Illinois Township Code. - 60 ILCS 1, Section 280-25
  Abatement of taxes. (a) Whenever any refunding bonds are purchased and cancelled under Section 280-20, the taxes thereafter to be extended for payment of...
• Illinois Township Code. - 60 ILCS 1, Section 280-30
  Sinking fund. (a) Money that becomes available from taxes that were levied for prior years for payment of bonds or interest coupons that were...
• Illinois Township Code. - 60 ILCS 1, Section 280-35
  Notice to owners of unpaid bonds; refunding plan. (a) The corporate authorities of a township may take any action that may be necessary to...
• Illinois Township Code. - 60 ILCS 1, Section 280-40
  Application and construction. This Article applies to any township, regardless of the law under which it is organized and operating, and constitutes complete authority...

Last modified: February 18, 2015