Illinois Compiled Statutes 310 ILCS 5 State Housing Act. Section 14

    (310 ILCS 5/14) (from Ch. 67 1/2, par. 164)

    Sec. 14. No holder of stock or other security in a housing corporation shall receive any dividend or interest in any one year in excess of six per cent per annum upon the par value of the stock or security held by him, except to the extent to which dividends or interest payments may have been omitted in a previous year or years.

(Source: P.A. 76-1176.)

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Last modified: February 18, 2015