Illinois Statutes

§ 1E-150

Illinois·Topic EDUCATION·Ch. 105 SCHOOLS·Act 105 ILCS 5/ School Code.·Art. Article 1E - Downstate School Finance Authority

(This Section scheduled to be repealed in accordance with 105 ILCS 5/1E-165) Sec. 1E-150. Sanctions.

(a)No member, officer, employee, or agent of the district may commit the district to any contract or other obligation or incur any liability on behalf of the district for any purpose if the amount of the contract, obligation, or liability is in excess of the amount authorized for that purpose then available under the financial plan and budget then in effect.
(b)No member, officer, employee, or agent of the district may commit the district to any contract or other obligation on behalf of the district for the payment of money for any purpose required to be approved by the Authority unless the contract or other obligation has been approved by the Authority.
(c)No member, officer, employee,

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Related

§ 5/1E-165
Illinois 105 § 5/1E-165

Legislative History

(Source: P.A. 92-547, eff. 6-13-02 .)

Nearby Sections

15
§ 1E-1
§ 1E-1
§ 1E-10
§ 1E-10
§ 1E-100
§ 1E-100
§ 1E-105
§ 1E-105
§ 1E-110
§ 1E-110
§ 1E-115
§ 1E-115
§ 1E-120
§ 1E-120
§ 1E-125
§ 1E-125
§ 1E-130
§ 1E-130
§ 1E-135
§ 1E-135
§ 1E-140
§ 1E-140
§ 1E-145
§ 1E-145
§ 1E-15
§ 1E-15
§ 1E-150
§ 1E-150
§ 1E-155
§ 1E-155
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