Illinois Statutes
§ 32-4.12 — Sale of real estate-Use of proceeds
Illinois § 32-4.12
JurisdictionIllinois
TopicEDUCATION
Ch. 105SCHOOLS
Act 105 ILCS 5/School Code.
Art.Article 32 - Special Charter Districts
This text of Illinois § 32-4.12 (Sale of real estate-Use of proceeds) 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. 32-4.12 (2026).
Text
The board of education of any special charter district may sell and dispose of any real estate conveyed to it by any city for school purposes and use the proceeds derived from the sale thereof for school building purposes or for the purchase of other real estate for such purposes.
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Legislative History
(Source: Laws 1961, p. 31.)
Nearby Sections
15
§ 32
§ 32§ 32-1.2
Powers of election boards§ 32-1.5
Election of board of education§ 32-1.6
School board districts§ 32-2.10
Application of law§ 32-2.11
Election of board members§ 32-2.12
Time for election of board members§ 32-2.13
§ 32-2.13Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 32-4.12, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/32-4.12.