Public Act 0705 96TH GENERAL ASSEMBLY

Public Act 096-0705

SB0235 Enrolled

LRB096 04037 NHT 14075 b

AN ACT concerning education.

Be it enacted by the People of the State of Illinois,

represented in the General Assembly:

Section 5. The School Code is amended by changing Section

34A-604 as follows:

(105 ILCS 5/34A-604) (from Ch. 122, par. 34A-604)

Sec. 34A-604. Abolition of Authority. The Authority shall

be abolished one year after all its Obligations have
been fully

paid and discharged or otherwise provided for. Upon the

abolition
of the Authority, all of its rights and property

shall pass to and be vested
in the

Board ~~State~~.

(Source: P.A. 81-1221.)