093_SB1601
LRB093 02811 SJM 02827 b
1 AN ACT concerning finance.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The General Obligation Bond Act is amended by
5 changing Section 10 as follows:
6 (30 ILCS 330/10) (from Ch. 127, par. 660)
7 Sec. 10. Execution of Bonds. Bonds shall be signed by
8 the Governor and attested by Secretary of State under the
9 printed facsimile seal of the State and countersigned by the
10 State Treasurer by his or her manual signature or by his or
11 her duly authorized deputy. If Bonds are issued in registered
12 form pursuant to the Registered Bond Act, the signatures of
13 the Governor, the Secretary of State and the State Treasurer
14 may be printed facsimile signatures. Unless Bonds are issued
15 in fully registered form, interest coupons with facsimile
16 signatures of the Governor, Secretary of State and State
17 Treasurer may be attached to the Bonds. The fact that an
18 officer whose signature or facsimile thereof appears on a
19 Bond or interest coupon no longer holds such office at the
20 time the Bond or coupon is delivered shall not invalidate
21 such Bond or interest coupon.
22 (Source: P.A. 83-1490.)