Illinois Statutes

§ 11-74.5-12

Illinois § 11-74.5-12
JurisdictionIllinois
TopicGOVERNMENT
Ch. 65MUNICIPALITIES
Act 65 ILCS 5/Illinois Municipal Code.
Art.Art 11 prec Div 74.2 - Commercial Blight Areas

This text of Illinois § 11-74.5-12 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. 11-74.5-12 (2026).

Text

Notwithstanding any other provision of law, bonds issued pursuant to this Division shall be legal investments for all trust funds, insurance companies, savings and loan associations, investment companies and banks, both savings and commercial, and shall be legal investments for executors, administrators, trustees and all other fiduciaries. Such bonds shall be legal investments for state school funds and for any funds which may be invested in county, municipal or school district bonds, and such bonds shall be deemed to be securities which may properly and legally be deposited with, and received by, any state or municipal officer or by any agency or political subdivision of the State for any purpose for which the deposit of bonds or obligations of the State is now, or may hereafter, be autho

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Legislative History

(Source: P.A. 81-580.)

Nearby Sections

15
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Bluebook (online)
Illinois § 11-74.5-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/65/11-74.5-12.