65 ILCS 5/8-4.1-5

65 ILCS 5/8-4.1-5
in effect
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(65 ILCS 5/8-4.1-5) (from Ch. 24, par. 8-4.1-5) Sec. 8-4.1-5. The corporate authorities may provide for a reserve fund solely for the payment of the principal of and interest on Bonds. Bond proceeds may be used to provide such reserve fund. (Source: P.A. 85-158.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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