Illinois Statutes
§ 27-105 — Lines of credit
Illinois·Topic GOVERNMENT·Ch. 35 REVENUE·Act 35 ILCS 200/ Property Tax Code.·Art. Article 27 - Special Service Area Tax Law
Special service area commissions may not establish a loan or line of credit in connection with the special service area. Service provider agencies in those municipalities may establish a loan or line of credit in connection with the special service area; however, financing under this Section may not be secured by future tax revenue generated by the special service area.
Free access — add to your briefcase to read the full text and ask questions with AI
Illinois § 27-105 (Lines of credit) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 99-930, eff. 1-20-17.)
Nearby Sections
15
§ 27-10
Providing special services§ 27-100
Special service area commissions§ 27-105
Lines of credit§ 27-115
Special service area audits§ 27-125
Administrative fees§ 27-15
Governing body§ 27-25
Form of hearing notice§ 27-30
Manner of notice