Illinois Statutes
§ 6-15003 — Validity of claims or judgments funded by bonds
Illinois § 6-15003
JurisdictionIllinois
TopicGOVERNMENT
Ch. 55COUNTIES
Act 55 ILCS 5/Counties Code.
Art.Article 6 - Finance
This text of Illinois § 6-15003 (Validity of claims or judgments funded by 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
55 Ill. Comp. Stat. 6-15003 (2026).
Text
The holder of any such bonds shall not be obligated to inquire into the validity of the claims or judgments funded thereby but shall be entitled to rely upon the proceedings taken pursuant to the provisions of this Division with respect thereto as establishing the validity of such claims or judgments so funded, and the power to issue such bonds.
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Legislative History
(Source: P.A. 86-962.)
Nearby Sections
15
§ 6
§ 6§ 6-10001
Refunding bonds§ 6-10002
Ordinance§ 6-10003
Exchange or sale of refunding bonds§ 6-10004
Form of refunding bonds; maturity§ 6-10005
Reduction of tax§ 6-10006
Sinking fund§ 6-10007
§ 6-10007§ 6-10008
Applicability§ 6-1001
Annual budget§ 6-1002
Contents of annual budget§ 6-1004
Supplemental budgetCite This Page — Counsel Stack
Bluebook (online)
Illinois § 6-15003, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/55/6-15003.