Illinois Compiled Statutes 50 ILCS 405 Local Government Debt Limitation Act. Section 1.15

    (50 ILCS 405/1.15) (from Ch. 85, par. 851.15)

    Sec. 1.15. The limitations prescribed in Section 1 of this Act shall not apply to any indebtedness incurred by any city, village or incorporated town under "An Act to authorize certain cities, villages and incorporated towns to issue bonds for the payment of past due salaries to firemen and policemen," enacted by the Sixty-second General Assembly.

(Source: P.A. 87-895.)

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Last modified: February 18, 2015