Illinois Statutes
§ 11-74-10
Illinois § 11-74-10
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 5/Illinois Municipal Code.
Art.Art 11 prec Div 72 - Trees and Forestry
This text of Illinois § 11-74-10 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. 11-74-10 (2026).
Text
No holder of any bonds issued under this Division 74 has the right to compel any exercise of taxing power of the municipality to pay the bonds or the interest thereon, and the bonds do not constitute an indebtedness of the municipality or a loan of credit thereof within the meaning of any constitutional or statutory provision. It shall be plainly stated on the face of each bond that it has been issued under the provisions of this Division 74 and that it does not constitute an indebtedness of the municipality or a loan of credit thereof within the meaning of any constitutional or statutory provision.
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Legislative History
(Source: P.A. 77-1453.)
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 § 11-74-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/11-74-10.