Illinois Compiled Statutes 55 ILCS 5/5-32052 – Sale of bonds
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Terms Used In Illinois Compiled Statutes 55 ILCS 5/5-32052
- Contract: A legal written agreement that becomes binding when signed.
The bonds may be sold, or paid to the contractor having the contract for the improvement for which the assessment was levied, at no less than their par value and interest accrued to time of delivery, whether sold, or paid to the contractor.