Illinois Statutes

§ 845-35

Illinois § 845-35
JurisdictionIllinois
TopicGOVERNMENT
Ch. 20EXECUTIVE BRANCH
Act 20 ILCS 3501/Illinois Finance Authority Act.
Art.Article 845 - Authority Debts, Contracts And Reports

This text of Illinois § 845-35 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
20 Ill. Comp. Stat. 845-35 (2026).

Text

Under no circumstances shall any bonds or other evidences of indebtedness issued by the Authority or the Predecessor Authorities under this Act or under any other law be or become an indebtedness or obligation of the State of Illinois, within the purview of any constitutional limitation or provision, and it shall be plainly stated on the face of each bond or other evidence of indebtedness that it does not constitute such an indebtedness or obligation but is payable solely from the revenues or income of the Authority.

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Legislative History

(Source: P.A. 93-205, eff. 1-1-04.)

Nearby Sections

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§ 845-10
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§ 845-20
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§ 845-25
§ 845-25
§ 845-30
§ 845-30
§ 845-35
§ 845-35
§ 845-40
§ 845-40
§ 845-45
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Tax Exemption
§ 845-65
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Tax avoidance
§ 845-75
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Bluebook (online)
Illinois § 845-35, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/20/845-35.