Statutes, codes, and regulations
Illinois Compiled Statutes
EDUCATIONChapter 105 - SCHOOLSSubchapter - COMMON SCHOOLSAct 5 - SCHOOL CODE
Article 1B - SCHOOL DISTRICT FINANCIAL OVERSIGHT PANEL AND EMERGENCY FINANCIAL ASSISTANCE
Section 105 ILCS 5/1B-10 - Approval of Financial Plan, Budget and Contracts

105 ILCS 5/1B-10

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Current through Public Act 103-1052
Section 105 ILCS 5/1B-10 - Approval of Financial Plan, Budget and Contracts

In carrying out the purposes of this Article, the Panel shall have the power to approve or to reject the financial plans, budgets and contracts of the board; provided, however, that the Panel shall have no power to impair any existing contract or obligation of the board.

105 ILCS 5/1B-10

P.A. 86-954.