Illinois Compiled Statutes
105 ILCS 5/19-26 (2026)
Construction and application of provisions
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(105 ILCS 5/19-26)
(from Ch. 122, par. 19-26)
Sec. 19-26.
Construction and application of provisions.
Sections 19-16 through 19-25 apply to any school district, regardless
of the population of said school district and of the law under which it is
organized and operating, and constitute complete authority for issuing
refunding bonds as therein provided without reference to other laws. Those
sections shall be construed as conferring powers in addition to, but not as
limiting powers granted under, other laws or other provisions of this Act.
(Source: Laws 1961, p. 31.)
(105 ILCS 5/prec. Sec. 19-27 heading)
REFUNDING SURPLUS AFTER BONDS PAID
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Notes of Decisions
Cited in 1
case, 1996–1996 · leading case: Lemont-bromberek Sch. Dist. v. Walter, 665 N.E.2d 548 (Ill. App. Ct. 1st Dist. 1996).
Lemont-bromberek Sch. Dist. v. Walter, 665 N.E.2d 548 (Ill. App. Ct. 1st Dist. 1996). “19-26 (now 105 ILCS 5/19-26 (West 1994)). Because the consolidated district had the power under section 19-16 to issue refunding bonds to repay its debts, and the bonds of the prior districts became debts of the consolidated district, the district formed by annexation or…”
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