Existing bond issue

75 ILCS 16/10-40, under Conversion Of Tax Supported Public Library To Public Library District.

75 ILCS 16/10-40

(75 ILCS 16/10-40)

    Sec. 10-40. Existing bond issue. An existing bond issue shall not be affected by a conversion under this Article and shall continue in full force and effect under the laws governing the bond issue.

(Source: P.A. 87-1277.)