Illinois Code § 105 ILCS 5/34-68

Issuance without submission to voters.
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The
board may provide that the resolutions authorizing issuance
of refunding bonds issued under Section 34-65 shall be effective
without the submission thereof to the voters of the school
district or city for approval.

 
The validity of each refunding bond so executed shall remain
unimpaired, although one or more of the signing officers have
ceased to be such officer or officers before the delivery of
the bond to the purchaser.

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