(105 ILCS 5/7-3) (from Ch. 122, par. 7-3)
Sec. 7-3.
Limitation on change of boundaries when bond election pending.
No petition affecting the boundaries of any school district may be filed
under this Article after the district has published the required legal
notice calling an election to authorize the issuance of bonds to be held on
a date not later than 21 days after such publication until the first of the
following events shall have occurred (1) the voters did not authorize the
issuance of the bonds at the election, (2) the bonds have been issued, (3)
the school board of the district has adopted a resolution abandoning its
plan to issue such bonds, or (4) seventy-five days have elapsed since such
election, provided that if proceedings are pending hereunder affecting the
boundaries of such district at the time the notice of such election is
published or if the district is a party to litigation affecting the
legality of its existence or its boundaries at such time, the said
seventy-five days shall not begin to run until the final determination of
such proceedings or litigation and the expiration of the time for review,
appeal or rehearing, and provided that the provisions of this section shall
be applicable only to the first such election called to be held in any one
calendar year.
(Source: Laws 1961, p. 31.)
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