(50 ILCS 420/7) (from Ch. 85, par. 827)
Sec. 7.
The Notes may be issued in excess of any statutory limitation as to debt
and shall not operate to reduce the debt incurring power otherwise
authorized for any such unit of government. This Act shall not be construed
to limit in any manner the amount of debt which home rule units may incur
under Sections 6 (a), (j) or (k) of Article VII of the Constitution of the
State of Illinois nor shall this Act be construed as requiring a referendum
to incur such debt.
(Source: P.A. 77-2125.)
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