Township Library Bond Validation (1963) Act.

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(75 ILCS 25/0.01) (from Ch. 81, par. 16.1h)

Sec. 0.01. Short title. This Act may be cited as the Township Library Bond Validation (1963) Act.

(Source: P.A. 86-1324.)


(75 ILCS 25/1) (from Ch. 81, par. 16.2)

Sec. 1. Where in any township, prior to the time this Act becomes effective, a majority of the votes cast at an election on the proposition to issue township library bonds were in favor of such proposition, and the ballots used and notice given of said election were in conformance with the applicable statutory requirements, each such bonds issue is hereby validated and declared to be legal and valid notwithstanding the fact that there was only one precinct and polling place, and that the polling place was open for 6 hours for the purpose of said election, and the board of library directors of said township is hereby authorized to issue said bonds to a purchaser for value, and when such bonds are paid for, at not less than par and accrued interest, they shall be valid and binding obligations of such township.

(Source: Laws 1963, p. 3158.)

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