(55 ILCS 5/6-9001) (from Ch. 34, par. 6-9001)
Sec. 6-9001.
Issuance of refunding bonds.
Whenever
any county having a population of less than 200,000, has
outstanding bonds issued for any purpose authorized by law which are
binding and subsisting legal obligations, and it has no money with which to
pay the principal of or interest on such bonds, such county is hereby
authorized to issue its refunding bonds for the purpose of paying such
principal or interest, or both.
(Source: P.A. 86-962.)
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