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Illinois · Through at least Public Act 104-790

30 ILCS 350/7: Reserves.

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Where this section sits in the code
  1. CHAPTER 30 FINANCE
  2. Local Government Debt Reform Act.

A governing body 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.

Collected 2026-09-15T04:46:18Z. Source file · JSON

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