(105 ILCS 5/10-23.3a)
(from Ch. 122, par. 10-23.3a)
Conduct of business for vocational training.
To independently operate or cooperate with existing companies in the
operation of a business or businesses for the sole purpose of providing
training for students in vocational education programs. Any proceeds from
said operation shall be applied towards the costs of establishing and
maintaining these businesses. Regarding businesses with which the school
board cooperates in operating for vocational training purposes, the school
board shall receive a semi-annual account from each cooperating company of
all costs and proceeds attributable to the student business-training
program. Should the proceeds ever exceed the establishment and maintenance
costs, then that excess shall only be directed toward expanding
business-operation training in vocational education programs.
(Source: P.A. 77-664.)