{"data":{"id":"us-il/65-ilcs-5-8-4-21","jurisdiction":"us-il","citation":"65 ILCS 5/8-4-21","heading":"","body":"Such refunding revenue bonds may be exchanged on a basis of par for the securities to be refunded, or such bonds may be sold at not less than their par value and accrued interest and the proceeds received shall be used to pay the securities which are to be refunded thereby.","path":["CHAPTER 65 MUNICIPALITIES","Illinois Municipal Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=802\u0026ChapterID=14\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:23Z","sha256":"428e664ed2678a560ebf12f84acb6612f7f2bebe14bef87d7884cf2b3fb50e83","source_id":"us-il","stale":false,"prev":"us-il/65-ilcs-5-8-4-20","next":"us-il/65-ilcs-5-8-4-22"},"notice":"GroundRules: Original legal text. Not legal advice."}