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Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
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(65 ILCS 5/11-141-8) (from Ch. 24, par. 11-141-8)
Sec. 11-141-8.
Every municipality which issues bonds under this Division
141 shall install and maintain a proper system of accounts showing the
amount of revenue received from the sewerage system and the application of
that revenue. At least once each year the municipality shall have the
accounts properly audited. A report of that audit shall be open for
inspection at all proper times to any taxpayer, sewerage system user, or
the holder of any bond issued under this Division 141, or their respective
representatives.
(Source: Laws 1961, p. 576.)
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