Sec. 30-55.85. Reserve funds for self-insurance.
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/il/chapter-75/act-16/30-55-85·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 30-55.85. Reserve funds for self-insurance. The board may accumulate and set apart as reserve funds portions of the unexpended balances of the proceeds received from taxes or other sources, for the purpose of providing self-insurance against liabilities of the district.