Illinois Statutes
§ 11C-6 — Credited unfunded indebtedness
Illinois·Topic EDUCATION·Ch. 105 SCHOOLS·Act 105 ILCS 5/ School Code.·Art. Article 11C - Accounting Procedures
Each district from which territory is taken shall be credited with all unfunded indebtedness of such district and with the estimated cost of operating the schools of the district for the balance of the school year if the district from which territory is taken continues to administer the schools until the succeeding July 1.
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Illinois § 11C-6 (Credited unfunded indebtedness) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 94-1019, eff. 7-10-06.)
Nearby Sections
9
§ 11C-1
Appraisers§ 11C-2
Appraisal guide§ 11C-4
Debited school property§ 11C-5
Debited school funds§ 11C-8
Reports§ 11C-9
Accounting waived