Illinois Code § 65 ILCS 5/11-119-4

Revenue bonds issued hereunder at the option of the
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municipality, may be made callable prior to their maturity at a price of
par and accrued interest, or at a stated premium, provided that in the
event such bonds, or any of them, are so made callable, it shall be so
stated on the face of each such bond.

 
Revenue bonds issued under the provisions of this Division 119 may be
refunded in accordance with the provisions of Sections 8-4-14 through
8-4-23.

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