Illinois Statutes

§ 1E-110

Illinois § 1E-110
JurisdictionIllinois
TopicEDUCATION
Ch. 105SCHOOLS
Act 105 ILCS 5/School Code.
Art.Article 1E - Downstate School Finance Authority

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Bluebook
105 Ill. Comp. Stat. 1E-110 (2026).

Text

(This Section scheduled to be repealed in accordance with 105 ILCS 5/1E-165) Sec. 1E-110. Statutory lien. Any pledge, assignment, lien, or security interest for the benefit of the holders of Bonds or bond anticipation notes, if any, created pursuant to this Article are valid and binding from the time the Bonds are issued, without any physical delivery or further act, and are valid and binding as against and prior to any claims of all other parties having claims of any kind in tort, contract, or otherwise against the State, the Authority, the district, or any other person, irrespective of whether the other parties have notice.

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Related

§ 5/1E-165
Illinois 105 § 5/1E-165

Legislative History

(Source: P.A. 92-547, eff. 6-13-02 .)

Nearby Sections

15
§ 1E-1
§ 1E-1
§ 1E-10
§ 1E-10
§ 1E-100
§ 1E-100
§ 1E-105
§ 1E-105
§ 1E-110
§ 1E-110
§ 1E-115
§ 1E-115
§ 1E-120
§ 1E-120
§ 1E-125
§ 1E-125
§ 1E-130
§ 1E-130
§ 1E-135
§ 1E-135
§ 1E-140
§ 1E-140
§ 1E-145
§ 1E-145
§ 1E-15
§ 1E-15
§ 1E-150
§ 1E-150
§ 1E-155
§ 1E-155
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Bluebook (online)
Illinois § 1E-110, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/1E-110.