Sec. 34-29.3. Transfer of excess funds.
57 words·~1 min read·
/il/chapter-105/act-5/34-29-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 34-29.3. Transfer of excess funds. When bonds are issued under Sections 34-22 through 34-22.7, and the purposes for which the bonds have been issued are accomplished and paid for in full and there remain funds on hand from the bonds so issued, the board by resolution may transfer such excess funds to the working cash fund.