Illinois Statutes
§ 6-5005 — Sale of bonds
The bonds shall be sold to the highest and best bidder at not less than their par value and accrued interest. The county board shall advertise for proposals to purchase the bonds. Such advertisement shall be published at least once in a newspaper having circulation within the county at least 10 days prior to the date for opening the bids. The county board may reserve the right to reject any and all bids and to readvertise for bids.
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Illinois § 6-5005 (Sale of bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 86-962.)
Nearby Sections
15
§ 6
§ 6§ 6-10001
Refunding bonds§ 6-10002
Ordinance§ 6-10003
Exchange or sale of refunding bonds§ 6-10004
Form of refunding bonds; maturity§ 6-10005
Reduction of tax§ 6-10006
Sinking fund§ 6-10007
§ 6-10007§ 6-10008
Applicability§ 6-1001
Annual budget§ 6-1002
Contents of annual budget§ 6-1004
Supplemental budget