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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB5837
Introduced , by Rep. Tom Cross SYNOPSIS AS INTRODUCED:
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105 ILCS 5/19-5 |
from Ch. 122, par. 19-5 |
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Amends the School Code. Makes a technical change in a Section concerning
bonds.
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A BILL FOR
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HB5837 |
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LRB095 16504 NHT 42531 b |
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| AN ACT concerning education.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The School Code is amended by changing Section |
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| 19-5 as follows:
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| (105 ILCS 5/19-5) (from Ch. 122, par. 19-5)
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| Sec. 19-5. Registration, numbering and countersigning.
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| All bonds issued under this Act, except bonds issued by |
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| school districts
having a population of more than 500,000 |
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| inhabitants, before being issued,
negotiated and
and sold, |
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| shall be registered, numbered and countersigned by the
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| treasurer who receives the taxes of the district. The |
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| registration shall be
made in a book in which shall be entered |
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| the record of the election
authorizing the directors or the |
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| board of education to borrow money and a
description of the |
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| bonds issued, including the number, date, to whom
issued, |
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| amount, rate of interest and when due. |
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| (Source: Laws 1961, p. 31.)
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