50 ILCS 405/1.3

50 ILCS 405/1.3
in effect
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(50 ILCS 405/1.3) (from Ch. 85, par. 851.3) Sec. 1.3. The limitation prescribed in section 1 of this act shall not apply to any indebtedness of any school district incurred in connection with the issuance of funding bonds. (Source: Laws 1941, vol. 2, p. 472.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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