§ 8.08. To borrow money and to issue bonds, notes, certificates, or other evidences of indebtedness
for the purpose of accomplishing any of said corporate purposes, which obligations
may be payable from taxes or other sources as provided in this Act; and to refund
or advance refund any of the foregoing with bonds, notes, certificates, or other evidences
of indebtedness, which refunding or advance refunding obligations may be payable from
taxes or from any other source; subject, however, to a compliance with any condition
or limitation set forth in this Act or otherwise provided by the constitution of the
State of Illinois.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.