Illinois Statutes
§ 3-47
Illinois·Topic EDUCATION·Ch. 110 HIGHER EDUCATION·Act 110 ILCS 805/ Public Community College Act.·Art. Article III - Community College Districts; Organization; Powers And Duties; Elections
Community college funds are public funds within the meaning of the Public Funds Investment Act and may be invested by the board as provided in that Act, except as otherwise provided in this Act. Any community college district, with the approval of its board, is authorized to enter into agreements of any definite or indefinite term regarding the deposit, redeposit, investment, reinvestment or withdrawal of community college funds, including, without limitation, agreements with other community college districts, agreements with township and school treasurers authorized by Section 8-7 of the School Code and agreements with educational service regions authorized by Section 3-9.1 of the School Code. Each community college district is permitted to (i) combine moneys from more than one fund of su
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Legislative History
(Source: P.A. 87-968.)
Nearby Sections
15
§ 3
§ 3§ 3-1
§ 3-1§ 3-1.1
§ 3-1.1§ 3-10
§ 3-10§ 3-11
§ 3-11§ 3-12
(Repealed)§ 3-12.1
(Repealed)§ 3-12.2
(Repealed)§ 3-13
§ 3-13§ 3-14
§ 3-14§ 3-14.1
Form of ballot and notice§ 3-14.2
§ 3-14.2§ 3-14.3
§ 3-14.3§ 3-15
(Repealed)§ 3-16
§ 3-16