The corporate authorities may appropriate money for corporate purposes only and provide for payment of debts and expenses of the corporation.
65 ILCS 5/8-1-2
The corporate authorities may appropriate money for corporate purposes only and provide for payment of debts and expenses of the corporation
Laws 1961, p. 576.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.