(20 ILCS 3805/19) (from Ch. 67 1/2, par. 319)
Sec. 19.
The Authority, subject to the terms of any agreements with noteholders
or bondholders as may then exist, shall have power out of any funds
available therefor to purchase notes or bonds of the Authority at a price
not exceeding: (a) if the notes or bonds
are redeemable, the redemption price then applicable plus accrued interest
to the next interest payment date thereon, or (b) if the notes or bonds are
not then redeemable, the redemption price applicable on the first date
after such purchase upon which the notes or bonds become subject to
redemption plus accrued interest to such date.
(Source: P.A. 85-1450.)
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