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Bonds And Government Finance Law Lawyers In Somonauk Illinois

Somonauk is a village in DeKalb County and LaSalle counties in the U.S. state of Illinois. The population was 1,295 at the 2000 census. A special census in 2008 set the population at 1,832. The DeKalb County portion of Somonauk is part of the Chicago–Naperville–Joliet Metropolitan Statistical Area, while the small portion that lies in LaSalle County is part of the Ottawa–Streator Micropolitan Statistical Area.

What is bonds and government finance law?

A bond may be an obligation of a state, its subdivisions, or a private corporation to pay a stated amount of money after a stated amount of time. Attorneys may help with the issuance of general obligation bonds, revenue bonds, revenue and grant anticipation notes, assessment and tax increment bonds, certificates of participation and conduit securities where the proceeds of the securities are loaned to other governmental entities, corporations, partnerships, and qualified 501(c)(3) organizations for a variety of governmental, industrial, commercial, and charitable purposes.