Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process.
Recent laws may not yet be included in the ILCS database, but they are found on this site as Public
soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the
Because the statute database is maintained primarily for legislative drafting purposes,
statutory changes are sometimes included in the statute database before they take effect.
If the source note at the end of a Section of the statutes includes a Public Act that has
not yet taken effect, the version of the law that is currently in effect may have already
been removed from the database and you should refer to that Public Act to see the changes
made to the current law.
(30 ILCS 305/1)
(from Ch. 17, par. 6601)
(a) As used in this Act "public corporations" mean any body corporate
organized by or pursuant to the laws of this State to carry out a public
governmental or proprietary function, including, without limitation of the
foregoing, the state, any school district, park district, city, village,
incorporated town, county, drainage or any other type of district,
commission, authority, university, public community college or any combination thereof,
acting through the corporate authorities thereof.
(b) "Bonds" or "other evidences of indebtedness" mean any instrument
providing for the payment of money executed by or on behalf of a public
corporation or which the public corporation has assumed or agreed to pay,
including, without limitation of the foregoing, bonds, notes, contracts,
leases, certificates and tax anticipation warrants.
(Source: P.A. 82-622.)