Illinois Compiled Statutes 50 ILCS 420 Tax Anticipation Note Act. Section 1

    (50 ILCS 420/1) (from Ch. 85, par. 821)

    Sec. 1. As used in this Act "Unit of Government" means any county, municipality, township, special district or unit of local government designated as a unit of local government by law authorized to levy ad valorem taxes, or any school district or public community college district. "Governing Body" means the council, board, commission or body, by whatever name it is known, having charge of the finances of the Unit of Government.

(Source: P.A. 82-622.)

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Last modified: February 18, 2015