Illinois Compiled Statutes 610 ILCS 20 Railroad Borrowing Act. Section 4

    (610 ILCS 20/4) (from Ch. 114, par. 38)

    Sec. 4. When such meeting shall be held, the resolution or order authorizing the creation of such indebtedness, and the execution of the mortgage to secure the same, together with the result of the vote thereon, shall be recorded in the office of the recorder of each county through which said road shall run, and shall also be recorded in the office of the Secretary of State.

(Source: P.A. 83-358.)

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Last modified: February 18, 2015