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Code · Illinois · Chapter 105 — SCHOOLS · Act 5

Sec. 34-30. Establishment of fund authorized-Purpose.

57 words·~1 min read·/il/chapter-105/act-5/34-30

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Sec. 34-30. Establishment of fund authorized-Purpose.
The board may, by resolution, establish a fund to be known as a "working cash fund" which shall be maintained and administered for the purpose of enabling the board to have in its treasury at all times sufficient money to meet demands thereon for ordinary and necessary expenditures for educational purposes.
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