(110 ILCS 805/3-13) (from Ch. 122, par. 103-13)
Sec. 3-13.
Unless otherwise provided in this Act, the forming of any
territory into a community college district shall become effective upon the
date of organization of the community college board. Provided, that an
existing community college located within the territory shall continue
operation under its board and the tax levying authority shall likewise
continue until such time as the new community college district begins the
operation of its program of studies and thereafter any existing community
college board in the territory shall cease to operate the community college
and the new community college district shall succeed to all assets,
receivables and liabilities of the existing community college district at
the time the new community college board is ready to begin the operation of
its program of studies.
(Source: P.A. 86-469.)
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