Revenue bond or bond

70 ILCS 508/10.60, under Joliet Arsenal Development Authority Act.

70 ILCS 508/10.60

(70 ILCS 508/10.60)

    Sec. 10.60. Revenue bond or bond. "Revenue bond" or "bond" means any bond issued by the Authority, the principal and interest of which are payable solely from revenues or income derived from any project or activity of the Authority.

(Source: P.A. 89-333, eff. 8-17-95.)