Illinois Compiled Statutes 110 Higher Education: Article -
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 1
Citation. This Act shall be known and may be cited as the "Board of Regents Revenue Bond Act of 1967." (Source: Laws 1967, p.
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 2
Definitions. In this Act, unless the context otherwise requires: 1. "Board" means the Board of Regents or its successor. 2. "University" means and includes...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 3
Powers. The Board shall have power for each such University to: 1. Acquire any project or projects, or any combination thereof, and to own,...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 3.5
Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 4
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 Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 5
Security of bonds. In connection with the issuance of any bonds under this Act, and in order to secure the payment of any such...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 6
Enforcement of Contract. The provisions of this Act and of any resolution or other proceeding authorizing the issuance of bonds shall constitute a contract...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 7
Moneys of the Board. No moneys derived from the sale of bonds issued under the provisions of this Act, or pledged or assigned to...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 8
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 Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 9
Prohibitions against obligating the State of Illinois. Nothing in this Act shall be construed to authorize the Board or any University to contract a...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 10
Obligations of board. All bonds issued pursuant to this Act shall be obligations of the Board payable only in accordance with the terms thereof...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 11
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 Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 12
Excision of unconstitutional and ineffective parts of Act. It is hereby declared that the sections, clauses, sentences and parts of this Act are severable,...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 13
Supplemental nature of Act; construction and purpose. The powers conferred by this Act shall be in addition to and supplemental to the powers conferred...
- Illinois Board of Regents Revenue Bond Act of 1967. - 110 ILCS 710, Section 14
Assumption of obligations. (a) All contracts and agreements entered into before July 1, 1995 by the Board of Regents on behalf of the branch...
Last modified: February 18, 2015