If any revenue securities which are to be refunded are secured by an indenture of mortgage or deed of trust, such indenture of mortgage or deed of trust shall be properly released of record.
65 ILCS 85/3
If any revenue securities which are to be refunded are secured by an indenture of mortgage or deed of trust, such indenture of mortgage or deed of trust shall be properly released of record
Known as the Municipal Electric Refunding Revenue Bond Act
The act spans §§ 65-85-0-01 to 65-85-9 (10 sections).
Laws 1941, vol. 1, p. 383.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.