Illinois Statutes
§ 11-139-7
Illinois § 11-139-7
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 5/Illinois Municipal Code.
Art.Division 139 - Combined Waterworks and Sewerage Systems
This text of Illinois § 11-139-7 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
65 Ill. Comp. Stat. 11-139-7 (2026).
Text
Revenue bonds issued under this Division 139 shall be payable solely from the revenue derived from the operation of the combined waterworks and sewerage system on account of which the bonds are issued; provided, that bonds issued under this Division 139 may also be payable from funds pledged by the municipality issuing such bonds pursuant to the Illinois Finance Authority Act. Notwithstanding any such pledge or any other matter, these bonds shall not in any event constitute an indebtedness of the municipality within the meaning of any constitutional or statutory limitation and it shall be so stated on the face of each bond.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(Source: P.A. 93-205, eff. 1-1-04.)
Nearby Sections
15
§ 11
§ 11§ 11-1-1
§ 11-1-1§ 11-1-10
§ 11-1-10§ 11-1-12
Quotas prohibited§ 11-1-13
Automated external defibrillators§ 11-1-14
Mental health specialists; police§ 11-1-2.1
§ 11-1-2.1§ 11-1-3
§ 11-1-3§ 11-1-5
§ 11-1-5§ 11-1-5.1
§ 11-1-5.1§ 11-1-6
§ 11-1-6§ 11-1-7
§ 11-1-7§ 11-1-8
§ 11-1-8Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 11-139-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/11-139-7.