Every school district shall be subject to the provisions of "An Act relating to the payment of the cost of corporate suretyship and indemnity upon official bonds", approved June 7, 1897, as amended.
105 ILCS 5/22-2
Cost of official bonds
Known as the Ashley's Law
The act spans §§ 105-5-22-1 to 105-5-22-99 (67 sections).
Laws 1961, p. 31.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.