55 ILCS 5/6-4005: Sinking fund.
Where this section sits in the code
- CHAPTER 55 COUNTIES
- Counties Code.
The resolution of the county board may provide for the creation of a sinking fund to consist of the proceeds of the taxes levied for the payment of the principal and interest upon these bonds. This fund shall be faithfully applied to the purchase or payment of the bonds, and the interest thereon, issued pursuant to the provisions of this Division.
Collected 2026-09-15T04:46:22Z. Source file · JSON