(105 ILCS 560/15)
Sec. 15.
Validation of actions of school district and school board.
All
actions taken before the effective date of this amendatory Act of the 92nd
General Assembly by any school district and its board of education to authorize
and issue bonds and refunding bonds for the purpose of implementing equitable
remedies ordered by a federal court in litigation involving school
desegregation and to levy and extend unlimited ad valorem taxes for the payment
of the principal of and interest on bonds and refunding bonds issued for the
purpose of implementing equitable remedies ordered by a federal court in
litigation involving school desegregation are hereby ratified, validated, and
confirmed as valid and lawful acts of that school district and board of
education undertaken in accordance with law, notwithstanding that the bonds or
refunding bonds were not approved by referendum or otherwise authorized and
issued in accordance with law and notwithstanding that the unlimited ad valorem
taxes were not levied and authorized to be extended in accordance with law.
(Source: P.A. 92-381, eff. 8-16-01.)
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