(70 ILCS 705/14.09) (from Ch. 127 1/2, par. 34.09)
    Sec. 14.09.
    The consolidation of any district into a consolidated district shall not affect the obligation of any contract entered into by the district consolidated into the consolidated district. Such contracts shall be taken over and assumed by the consolidated district.
(Source: Laws 1957, p. 626.)