A governmental unit may issue from time to time general obligation bonds, including alternate bonds and limited bonds, and revenue bonds pursuant to applicable law for the purpose of evidencing its obligation to repay its loans from the Illinois Finance Authority.
30 ILCS 445/20
Bond authorization
Known as the Climate Bank Loan Financing Act
The act spans §§ 30-445-1 to 30-445-99 (11 sections).
P.A. 103-1023, eff. 8-9-24.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.