Illinois Statutes Chapter 110. Higher Education § 805/3A-11. Purchasers' rights in bonds for teachers' claims or orders for wages

§ 3A-11. Purchasers of such bonds shall not be obligated to inquire into the validity of the indebtedness funded, and bonds issued under Sections 3A-6 through 3A-8 shall be the valid and binding obligations of the community college district, notwithstanding the fact that the bonds, together with existing indebtedness, either in whole or in part, exceed any statutory debt limitation in force at the time the bonds are issued.