The Authority shall have no right or authority to levy any tax or special assessment, to pledge the credit of the State or any other subdivision or municipal corporation thereof or to incur any obligation enforceable upon any property, either within or without the territory of the Authority.
70 ILCS 525/2011
Taxation prohibited
Known as the Tri-County River Valley Development Authority Law
The act spans §§ 70-525-2001 to 70-525-2013 (16 sections).
P.A. 86-1489.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.