50 ILCS 30/6.8

Current through Public Act 103-1052
Section 50 ILCS 30/6.8 - Power to borrow money

Each Council has the power to borrow money and to issue and sell or pledge to any person its notes, bonds or other evidences of indebtedness which may be a lien upon any rights or property of such Council, or may be secured by a lien upon its revenue or upon the revenue of any project of such Council.

50 ILCS 30/6.8

Laws 1965, p. 2861.