Sec. 8-11. Suit when additional security not furnished.
58 words·~1 min read·
/il/chapter-105/act-5/8-11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 8-11. Suit when additional security not furnished.
If the trustees of schools require additional security for the payment of money loaned, and such security is not given, the township treasurer shall cause suit to be instituted for the recovery of the principal and accrued interest to the date of judgment. Proof shall be made of such requisitions.