Illinois Compiled Statutes 50 ILCS 405 Local Government Debt Limitation Act. Section 1.21

    (50 ILCS 405/1.21) (from Ch. 85, par. 851.21)

    Sec. 1.21.

    The limitations prescribed in Section 1 of this Act shall not apply to any indebtedness of any library district incurred for acquiring or improving sites, constructing, extending or improving and equipping sites for public library purposes or for the establishment, support and maintenance of a public library, under the provisions of "The Illinois Public Library District Act", as now or hereafter amended.

(Source: P.A. 78-428.)

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Last modified: February 18, 2015