Illinois Statutes

§ 1H-110 — Sanctions

Illinois·Topic EDUCATION·Ch. 105 SCHOOLS·Act 105 ILCS 5/ School Code.·Art. Article 1H - Financial Oversight Panels
(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 Panel unless the contract or other obligation has been approved by the Panel.
(c)No member, officer, employee, or agent of the district may take any action in violation of any valid order of the Panel, may fail or refuse

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Legislative History

(Source: P.A. 97-429, eff. 8-16-11.)

Nearby Sections

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