Illinois Compiled Statutes 70 ILCS 2205 Sanitary District Act of 1907. Section 16.2

    (70 ILCS 2205/16.2) (from Ch. 42, par. 262.2)

    Sec. 16.2. All bonds issued pursuant to this Act shall bear interest at a rate or rates not exceeding that permitted by "An Act to authorize public corporations to issue bonds, other evidences of indebtedness and tax anticipation warrants subject to interest rate limitations set forth therein", approved May 26, 1970, as amended.

(Source: P.A. 83-591.)

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Last modified: February 18, 2015