Illinois Statutes
§ 1B-19 — Abolition of Panel
Illinois § 1B-19
JurisdictionIllinois
TopicEDUCATION
Ch. 105SCHOOLS
Act 105 ILCS 5/School Code.
Art.Article 1B - School District Financial Oversight Panel And Emergency Financial Assistance
This text of Illinois § 1B-19 (Abolition of Panel) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
105 Ill. Comp. Stat. 1B-19 (2026).
Text
The Financial Oversight Panel shall be abolished 10 years after approval of the petition providing for its creation, or at such earlier date determined by the State Board. Upon the abolition of the Panel, all of its rights and property shall pass to and be vested in the State.
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Legislative History
(Source: P.A. 86-954.)
Nearby Sections
15
§ 1B-1
Short title§ 1B-11
Balanced Budget§ 1B-12
Financial Plans§ 1B-13
Budgets§ 1B-15
Expenditures§ 1B-17
Hearings§ 1B-19
Abolition of Panel§ 1B-2
Findings and purpose§ 1B-20
Sanctions§ 1B-21
(Repealed)Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 1B-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/1B-19.