Illinois Statutes
§ 9d
Illinois·Topic GOVERNMENT·Ch. 70 SPECIAL DISTRICTS·Act 70 ILCS 2605/ Metropolitan Water Reclamation District Act.
All bonds, notes, or other evidences of indebtedness issued pursuant to this Act shall be sold at such price and upon such terms as determined by the Board of Commissioners and which will not cause the net effective interest rate to be paid by the sanitary district to exceed that permitted by the Bond Authorization Act.
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Legislative History
(Source: P.A. 104-417, eff. 8-15-25.)