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Code · Illinois · Chapter 105 — SCHOOLS · Act 5

Sec. 5-27. Compromise, settlements and cancellations.

51 words·~1 min read·/il/chapter-105/act-5/5-27

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Sec. 5-27. Compromise, settlements and cancellations.
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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