Illinois Compiled Statutes 110 Higher Education: Article 31 -

• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-1
  Short title. This Article may be cited as the Northern Illinois University Revenue Bond Law. (Source: P.A. 89-4, eff. 1-1-96.)
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-5
  Definitions. In this Article, unless the context otherwise requires: "Board" means the Board of Trustees of the University or its successor. "University" means and...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-10
  Powers. The Board shall have power for such University to: (1) Acquire any project or projects, or any combination thereof, and to own, operate...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-12
  Eminent domain. Notwithstanding any other provision of this Law, any power granted under this Law to acquire property by condemnation or eminent domain is subject...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-15
  Issuance of Bonds. (a) The Board shall have power, and is hereby authorized from time to time, to issue negotiable bonds (i) to acquire...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-20
  Security of Bonds. In connection with the issuance of any bonds under this Article, and in order to secure the payment of any such...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-25
  Enforcement of Contract. The provisions of this Article and of any resolution or other proceeding authorizing the issuance of bonds shall constitute a contract...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-30
  Moneys of the Board. No moneys derived from the sale of bonds issued under the provisions of this Article, or pledged or assigned to...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-35
  Validity of Bonds. The bonds bearing the signatures of officers of the Board in office on the date of the signing thereof shall be...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-40
  Prohibitions Against Obligating the State of Illinois. Nothing in this Article shall be construed to authorize the Board or the University to contract a...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-45
  Obligations of Board. All bonds issued pursuant to this Article shall be obligations of the Board payable only in accordance with the terms thereof...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-50
  Bonds as Legal Investments. The State and all counties, cities, villages, incorporated towns and other municipal corporations, political subdivisions and public bodies, and public...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-55
  Excision of Unconstitutional and Ineffective Parts of Article. It is hereby declared that the Sections, clauses, sentences and parts of this Article are severable...
• Illinois Northern Illinois University Revenue Bond Law. - 110 ILCS 686, Section 31-60
  Supplemental Nature of Article; Construction and Purposes. The powers conferred by this Article shall be in addition to and supplemental to the powers conferred...

Last modified: February 18, 2015