(110 ILCS 805/3-21)
(from Ch. 122, par. 103-21)
The board of community college districts shall have the duties
enumerated in the Sections following this Section and preceding Section 3-30.
Notwithstanding any provision of this Article to the contrary, when
bonds are issued by any district and the purposes for which such bonds have
been issued have been accomplished and paid for in full and there remains
funds on hand in such bond and interest account, the board by resolution
may transfer such excess to the fund of the district which bears the
nearest relation to the purpose for which the bonds from which such excess
funds arose were issued.
(Source: P.A. 94-587, eff. 8-15-05.)