Illinois Statutes
§ 26-40 — Prohibitions Against Obligating the State of Illinois
Illinois § 26-40
JurisdictionIllinois
TopicEDUCATION
Ch. 110HIGHER EDUCATION
Act 110 ILCS 681/Northeastern Illinois University Revenue Bond Law.
Art.Article 26 -
This text of Illinois § 26-40 (Prohibitions Against Obligating the State of Illinois) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
110 Ill. Comp. Stat. 26-40 (2026).
Text
Nothing in this Article shall be construed to authorize the Board or the University to contract a debt on behalf of, or in any way to obligate, the State of Illinois, or to pledge, assign or encumber in any way, or to permit the pledging, assigning or encumbering in any way, of appropriations made by the General Assembly of the State of Illinois.
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Legislative History
(Source: P.A. 89-4, eff. 1-1-96.)
Nearby Sections
14
§ 26-1
Short title§ 26-10
Powers§ 26-12
Eminent domain§ 26-15
Issuance of Bonds§ 26-20
Security of Bonds§ 26-25
Enforcement of Contract§ 26-30
Moneys of the Board§ 26-35
Validity of Bonds§ 26-45
Obligations of Board§ 26-5
Definitions§ 26-50
Bonds as Legal Investments§ 26-55
§ 26-55Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 26-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/110/26-40.