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70 ILCS 531/10

Legality for investment

Known as the Illinois Urban Development Authority Act

The act spans §§ 70-531-1 to 70-531-9-1 (16 sections).

P.A. 96-234, eff. 1-1-10.

Any financial institution, investment company, insurance company, or association and any personal representative, guardian, trustee, or other fiduciary, may legally invest any moneys belonging to them or within their control in any bonds issued by 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.