Indebtedness of Downstate School Finance Authority

50 ILCS 405/1.23, under Local Government Debt Limitation Act.

50 ILCS 405/1.23

(50 ILCS 405/1.23)

    Sec. 1.23. Indebtedness of Downstate School Finance Authority. The limitation prescribed in Section 1 of this Act does not apply to any indebtedness of a School Finance Authority created pursuant to Article 1E of the School Code.

(Source: P.A. 92-547, eff. 6-13-02.)