Bonds which are issued in part pursuant to this Act may contain a recital to that effect and any such recital shall be conclusive as against the municipality and the corporate authorities thereof and any other person as to the validity of the Bonds and as to their compliance with the provisions of this Act.
65 ILCS 5/8-4.1-12
Known as the Municipal Bond Reform Act
The act spans §§ 65-5-8-4-1-1 to 65-5-8-4-1-9 (12 sections).
P.A. 85-158.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.