(110 ILCS 805/3A-4) (from Ch. 122, par. 103A-4)
Sec. 3A-4.
All moneys borrowed under the authority of this Act, shall be paid to
the treasurer of the district. Upon receiving such moneys the
treasurer shall deliver the bonds issued therefor to the persons entitled
to receive them, and shall credit the funds received to the district
issuing the bonds. The treasurer shall record the amount received for each
bond issued. When any bonds are paid the treasurer shall cancel them and
shall enter, against the record of the bonds, the words, "paid and
cancelled the .... day of ....," filling the blanks with the day, month,
and year corresponding to the date of payment.
(Source: P.A. 82-622.)
|