Illinois Statutes
§ 5-27 — Compromise, settlements and cancellations
Illinois § 5-27
JurisdictionIllinois
TopicEDUCATION
Ch. 105SCHOOLS
Act 105 ILCS 5/School Code.
Art.Article 5 - Trustees of Schools
This text of Illinois § 5-27 (Compromise, settlements and cancellations) 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. 5-27 (2026).
Text
The trustees of schools or township land commissioners may: make all settlements with persons indebted to them in their official capacity; receive deeds to real estate in compromise; and may cancel notes, bonds, mortgages, and judgments for the benefit of any school township or district.
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Legislative History
(Source: P.A. 84-452.)
Nearby Sections
15
§ 5
§ 5§ 5-1
Short title§ 5-10
Grant awards§ 5-12
(Repealed)§ 5-16
Meetings - Quorum§ 5-19
§ 5-19§ 5-1a
High school districts§ 5-1b
(Repealed)§ 5-2
Governing boardCite This Page — Counsel Stack
Bluebook (online)
Illinois § 5-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/105/5-27.