(105 ILCS 5/1B-19) (from Ch. 122, par. 1B-19)
Sec. 1B-19.
Abolition of Panel.
The Financial
Oversight Panel shall be abolished 10 years after approval
of the petition providing for its creation, or at such
earlier date determined by the State Board.
Upon the abolition of the Panel, all of its rights and
property shall pass to and be vested in the State.
(Source: P.A. 86-954.)
|