{"data":{"id":"us-il/30-ilcs-350-7","jurisdiction":"us-il","citation":"30 ILCS 350/7","heading":"Reserves.","body":"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.","path":["CHAPTER 30 FINANCE","Local Government Debt Reform Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=513\u0026ChapterID=7\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:18Z","sha256":"fd7e3d46a93fcc126a8e4959ae234f2335efea464d96414cc70abccb5f2f5f4f","source_id":"us-il","stale":false,"prev":"us-il/30-ilcs-350-6","next":"us-il/30-ilcs-350-8"},"notice":"GroundRules: Original legal text. Not legal advice."}