Illinois Compiled Statutes 65 ILCS 85 Municipal Electric Refunding Revenue Bond Act. Section 3

    (65 ILCS 85/3) (from Ch. 111 2/3, par. 110.3)

    Sec. 3. If any revenue securities which are to be refunded are secured by an indenture of mortgage or deed of trust, such indenture of mortgage or deed of trust shall be properly released of record.

(Source: Laws 1941, vol. 1, p. 383.)

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Last modified: February 18, 2015