Illinois Statutes

§ 34-81 — Interest on fund

Illinois § 34-81
JurisdictionIllinois
TopicEDUCATION
Ch. 105SCHOOLS
Act 105 ILCS 5/School Code.
Art.Article 34 - Cities Of Over 500,000 Inhabitants - Board Of Education

This text of Illinois § 34-81 (Interest on fund) 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. 34-81 (2026).

Text

Neither the treasurer nor any other officer having the custody of public school funds is entitled to retain any interest accruing thereon, but such interest shall accrue and inure to the benefit of such funds respectively, become a part thereof and be paid into the city treasury, subject to the purposes of this Act.

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Legislative History

(Source: Laws 1961, p. 31.)

Nearby Sections

15
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Bluebook (online)
Illinois § 34-81, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/34-81.