Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE74. PUBLIC FINANCE |
PART1100. ILLINOIS FINANCE AUTHORITY |
SUBPARTC. VETERANS ASSISTANCE |
§1100.335. Source of Payment and Nature of Obligation
Latest version.
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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)