Sec. 32-5.1. Registration, numbering and countersigning.
74 words·~1 min read·
/il/chapter-105/act-5/32-5-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 32-5.1. Registration, numbering and countersigning. All bonds authorized by Section 32-5, before being issued, negotiated and sold, shall be registered, numbered and countersigned by the treasurer of the school district. The registration shall be made in a book in which shall be entered the record of the election authorizing the school district to issue bonds, and a description of the bonds issued, including the number, date, amount, rate of interest and when payable.