(50 ILCS 455/8) (from Ch. 85, par. 2408)
Sec. 8.
All bonds issued under this Act have a lien upon the revenues
and receipts derived from the facility for which the bonds have been issued,
and the governing body may provide in the resolution or ordinance authorizing
such bonds for the issuance of additional bonds to be equally and ratably
secured by a lien upon such revenues and receipts or may provide that the
lien upon such revenues and receipts is subordinate.
(Source: P.A. 81-1529.)
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