Illinois § 1E-10
Full text of Illinois Illinois Compiled Statutes § 1E-10, with citation guidance and answers to common questions.
§ 1E-10.
(This Section scheduled to be repealed in accordance with 105 ILCS 5/1E-165) Sec. 1E-10. Definitions. As used in this Article: "Authority" means a School Finance Authority created under this Article. "Bonds" means bonds authorized to be issued by the Authority under Section 1E-65 of this Code. "Budget" means the annual budget of the district required under Section 17-1 of this Code, as in effect from time to time. "Chairperson" means the Chairperson of the Authority. "District" means any school district having a population of not more than 500,000 that prior to the effective date of this amendatory Act of the 92nd General Assembly has had a Financial Oversight Panel established for the district under Section 1B-4 of this Code following the district's petitioning of the State Board of Education for the creation of the Financial Oversight Panel and for which the Financial Oversight Panel has been in existence for at least one year. "Financial plan" means the financial plan of the district to be developed pursuant to this Article, as in effect from time to time. "Fiscal year" means the fiscal year of the district. "State Board" means the State Board of Education. "State Superintendent" means the State Superintendent of Education. "Obligations" means bonds and notes of the Authority. (Source: P.A. 92-547, eff. 6-13-02.)
Frequently Asked Questions About Illinois § 1E-10
What does Illinois Compiled Statutes § 1E-10 cover?
Section 1E-10 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 1E-10?
A common citation format is "Illinois Compiled Statutes § 1E-10" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 1E-10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.