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Code · Illinois · Chapter 50 — LOCAL GOVERNMENT · Act 450

Sec. 10. The corporate authority may mortgage the medical service facility in favor of the holders of bonds issued under this Act.

31 words·~1 min read·/il/chapter-50/act-450/10

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Sec. 10. The corporate authority may mortgage the medical service facility in favor of the holders of bonds issued under this Act. Property acquired under this Act is exempt from taxation.
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