(30 ILCS 330/18)
(from Ch. 127, par. 668)
Compel Payment-Remedies of Bondholders.
If the State fails
to pay the principal of or interest on any of the Bonds or premium, if any,
as the same become due, a civil action to compel payment may be instituted
in the Supreme Court of Illinois as a court of original jurisdiction by the
holder or holders of the Bonds on which such default of payment exists.
Delivery of a summons and a copy of the complaint to the Attorney General
shall constitute sufficient service to give the Supreme Court of
Illinois jurisdiction of the subject matter of such a suit and jurisdiction
over the State and its officers named as defendants for the purpose of
compelling such payment. Any case, controversy or cause of action
concerning the validity of this Act relates to the revenue of the State of Illinois.
If the Supreme Court of Illinois denies the holder or holders of Bonds
leave to file an original action in the Supreme Court, the bond holder or
holders may bring the action in the Circuit Court of Sangamon County.
(Source: P.A. 83-1490.)