Illinois Statutes
§ 31-35 — Validity of Bonds
Illinois § 31-35
JurisdictionIllinois
TopicEDUCATION
Ch. 110HIGHER EDUCATION
Act 110 ILCS 686/Northern Illinois University Revenue Bond Law.
Art.Article 31 -
This text of Illinois § 31-35 (Validity of Bonds) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
110 Ill. Comp. Stat. 31-35 (2026).
Text
The bonds bearing the signatures of officers of the Board in office on the date of the signing thereof shall be valid and binding obligations, notwithstanding that before the delivery thereof and payment therefor any or all persons whose signatures appear thereon shall have ceased to be such officers. The validity of the bonds shall not be dependent on nor affected by the validity or regularity of any proceedings to acquire any project financed by the bonds, or to refund outstanding bonds, or taken in connection therewith.
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Legislative History
(Source: P.A. 89-4, eff. 1-1-96.)
Nearby Sections
15
§ 31-1
Short title§ 31-10
Powers§ 31-12
Eminent domain§ 31-15
Issuance of Bonds§ 31-20
Security of Bonds§ 31-25
Enforcement of Contract§ 31-30
Moneys of the Board§ 31-35
Validity of Bonds§ 31-45
Obligations of Board§ 31-5
Definitions§ 31-50
Bonds as Legal Investments§ 31-55
§ 31-55Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 31-35, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/110/31-35.