(30 ILCS 425/10) (from Ch. 127, par. 2810)
Sec. 10.
Appropriation of Proceeds from Sale of Bonds.
Accrued
interest paid to the State at the time of the delivery of any series of
Bonds and any other proceeds
from the sale of Bonds issued pursuant to this Act
to make deposits into debt service or reserve funds as may be required
under any trust indenture are hereby
appropriated and authorized to be expended as provided in this Act and in
any trust indentures delivered pursuant to this Act. This Act shall
constitute an irrevocable and continuing appropriation of all amounts
necessary for such purposes and the irrevocable and continuing authority
for and direction to the State Treasurer and the Comptroller to make the
necessary transfers and deposits, as directed in the Bond Sale Order. All
other proceeds are,
at all times, subject to appropriation by the General Assembly and may be
obligated or expended only with the written approval of the Governor in
such amounts, at such times, and for such purposes as contemplated in
such appropriations and in Section 4 of this Act.
(Source: P.A. 86-44.)
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