§1100.335. Source of Payment and Nature of Obligation  


Latest version.
  • The principal and interest on the bond is a limited obligation payable solely out of the revenues derived from the governmental unit and the underlying collateral or other security furnished by or on behalf of the governmental unit.

     

(Source:  Recodified from 47 Ill. Adm. Code 410.108 at 31 Ill. Reg. 12104)