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Act

Local Government Credit Enhancement Act

  • 50 ILCS 410/1— This Article may be cited as the Local Government Credit Enhancement Act
  • 50 ILCS 410/2— For the purposes of this Act, terms are as defined in the Local Government Debt Reform Act
  • 50 ILCS 410/3— In connection with the issuance of its bonds, a governmental unit may enter into agreements (credit agreements) to provide additional security or liquidity, or both, for the bonds