Illinois Statutes
§ 6-35 — Validity of Bonds
Illinois·Topic EDUCATION·Ch. 110 HIGHER EDUCATION·Act 110 ILCS 661/ Chicago State University Revenue Bond Law.·Art. Article 6 -
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
§ 6
Report§ 6-1
Short title§ 6-10
Powers§ 6-12
Eminent domain§ 6-15
Issuance of Bonds§ 6-2
§ 6-2§ 6-20
Security of Bonds§ 6-25
Enforcement of Contract§ 6-30
Moneys of the Board§ 6-35
Validity of Bonds§ 6-4.1
§ 6-4.1§ 6-4.2
In-district tuition charge