Approval of bond-Duration

105 ILCS 5/28-2 — under School Code.

105 ILCS 5/28-2

(105 ILCS 5/28-2) (from Ch. 122, par. 28-2)

Sec. 28-2. Approval of bond-Duration.

The bond required by Section 28-1 shall be approved by the Attorney General and shall continue in force for 5 years after its filing, at or before the expiration of which period a new bond shall be given or the right to continue business within the State shall be forfeited.

(Source: Laws 1961, p. 31.)