55 ILCS 5/ Counties Code.

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55 ILCS 5/6-2009

(55 ILCS 5/6-2009) (from Ch. 34, par. 6-2009)

Sec. 6-2009.

Payment of notes.

Whenever funds are available for the
payment of notes issued under the provisions of this Division
the County Treasurer shall transmit same to the
bank designated in the note as the place of payment together with written
advice that funds are available to pay particular notes, designating same
in numerical order, and that same will cease to bear interest fifteen (15)
days subsequent to the date of such notice, and such bank shall pay
accordingly. The County Treasurer shall take receipt from the bank for such
remittance and thereafter such Treasurer shall be relieved of
responsibility in connection therewith, a copy of which notice shall be
published once by the County Treasurer in a newspaper published in the
County at least five (5) days prior to the date fixed for redemption. A
copy of such notice shall be mailed to any holder or owner of such notes or
agent thereof, requesting same in writing. Notes may state on their face
that they will not be subject to call on or before a date fixed in the
resolution by the Board but which date shall be approximately the date on
which it is anticipated the first tax collections will be received by the
County Treasurer. When notes are payable at the office of the County
Treasurer he shall set aside funds for payment of notes instead of
remitting to a bank and give notice of redemption as above provided, and
pay accordingly.

(Source: P.A. 86-962.)

55 ILCS 5/6-2010

(55 ILCS 5/6-2010) (from Ch. 34, par. 6-2010)

Sec. 6-2010.

Incontestability; payable only out of taxes
levied. Notes issued under the provisions of this Division shall be
incontestable after authentication by the County Treasurer and delivery to
a purchaser for a valuable consideration, and in like manner and to like
extent as though same were negotiable instruments, and shall be payable
only out of and from the proceeds of taxes levied and described in the
proceedings authorizing the issuance of the notes, and shall so state on
their face, and shall not be deemed to be an obligation of the County
within any constitutional or statutory limitation.

(Source: P.A. 86-962.)

55 ILCS 5/6-2011

(55 ILCS 5/6-2011) (from Ch. 34, par. 6-2011)

Sec. 6-2011.

Issuance of notes in excess of amount permitted;
penalty. Any official of the County who votes for or otherwise influences
the issuance of notes under this Division in excess of the limitations herein
provided shall be liable for twice the sum of such excessive notes to the
County and shall be ineligible for his office and be subject to removal
from office.

(Source: P.A. 86-962.)

55 ILCS 5/Div. 6-3

(55 ILCS 5/Div. 6-3 heading) Division 6-3.

Bonds for County Buildings