Illinois Compiled Statutes 65 ILCS 5 Illinois Municipal Code. Section 11-26-5

    (65 ILCS 5/11-26-5) (from Ch. 24, par. 11-26-5)

    Sec. 11-26-5. When revenue bonds are issued under Section 11-26-4, the entire revenue received from the operation of the specified hospitals, dispensaries, and other auxiliary institutions shall be deposited in a separate fund which shall be used only in paying the cost of maintenance and operation thereof and the principal and interest of the revenue bonds issued under Section 11-26-4.

(Source: Laws 1961, p. 576.)

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Last modified: February 18, 2015