Taxation prohibited

70 ILCS 530/12, under Upper Illinois River Valley Development Authority Act.

70 ILCS 530/12

(70 ILCS 530/12) (from Ch. 85, par. 7162)

    Sec. 12. Taxation prohibited. The Authority shall have no right or authority to levy any tax or special assessment, to pledge the credit of the State or any other subdivision or municipal corporation thereof or to incur any obligation enforceable upon any property, either within or without the territory of the Authority.

(Source: P.A. 86-1024.)