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70 ILCS 2905/5-3

P.A. 81-1489.

No issue of bonds of the district shall be valid (except bonds to refund an existing bonded indebtedness) unless the proposition of issuing the bonds has first been submitted at a regular election in accordance with the general election law and has been approved by a majority of the voters of the district voting on the proposition. The proposition shall be substantially in the following form: -------------------------------------------------------------- Shall bonds for the purpose of.... (state purpose), in YES the sum of $.... (insert amount), ---------------------- be issued by The.... (insert name of district)? NO --------------------------------------------------------------

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.