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70 ILCS 508/10.60

Revenue bond or bond

Known as the Joliet Arsenal Development Authority Act

The act spans §§ 70-508-1 to 70-508-99 (32 sections).

P.A. 89-333, eff. 8-17-95.

"Revenue bond" or "bond" means any bond issued by the Authority, the principal and interest of which are payable solely from revenues or income derived from any project or activity of the Authority.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.