Each Council has the power to borrow money and to issue and sell or pledge to any person its notes, bonds or other evidences of indebtedness which may be a lien upon any rights or property of such Council, or may be secured by a lien upon its revenue or upon the revenue of any project of such Council.
50 ILCS 30/6.8
Known as the Exhibition Council Act
The act spans §§ 50-30-1 to 50-30-9-1 (28 sections).
Laws 1965, p. 2861.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.