Illinois Compiled Statutes 50 ILCS 445 Industrial Building Revenue Bond Act. Section 11

    (50 ILCS 445/11) (from Ch. 85, par. 881)

    Sec. 11. Revenue bonds issued solely for the purpose of financing an industrial project may be sold at private sale without advertisement.

    The bonds may be issued without submitting any proposition to the electorate by referendum.

(Source: P.A. 82-686.)

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Last modified: February 18, 2015