Illinois Compiled Statutes 110 ILCS 676 Illinois State University Revenue Bond Law. Section 21-40

    (110 ILCS 676/21-40)

    Sec. 21-40. Prohibitions Against Obligating the State of Illinois. Nothing in this Article shall be construed to authorize the Board or the University to contract a debt on behalf of, or in any way to obligate, the State of Illinois, or to pledge, assign or encumber in any way, or to permit the pledging, assigning or encumbering in any way, of appropriations made by the General Assembly of the State of Illinois.

(Source: P.A. 89-4, eff. 1-1-96.)

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Last modified: February 18, 2015