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Act

Motor Fuel Tax Fund Bond Act

  • 30 ILCS 385/0.01— Short title
  • 30 ILCS 385/1— As used in this Act: (a) "Governmental unit" means any county, township, road district, city, village or incorporated town
  • 30 ILCS 385/2— The governing body of a governmental unit may issue bonds of the governmental unit for the purpose of constructing or improving highways of the governmental unit
  • 30 ILCS 385/3— The governing body of the governmental unit shall issue the bonds of the governmental unit not exceeding the amount named in the resolution
  • 30 ILCS 385/4— The bonds authorized by this Act shall be sold and the proceeds used solely for the specified purpose