Illinois Compiled Statutes 105 Schools: Article 8 - Treasurers

• Illinois School Code. - 105 ILCS 5, Section 8-1
  Treasurers. (a) Except as otherwise provided in subsections (b) and (c), in Class II county school units the trustees of schools shall appoint a treasurer...
• Illinois School Code. - 105 ILCS 5, Section 8-2
  Bond of treasurer. Before entering upon his duties, each school treasurer shall execute a bond with 2 or more persons having an interest in...
• Illinois School Code. - 105 ILCS 5, Section 8-3
  Compensation. Each school treasurer shall receive in full, for his services, a compensation to be fixed, prior to his appointment, and such compensation shall...
• Illinois School Code. - 105 ILCS 5, Section 8-4
  High school districts to pay share of compensation and expenses. Each elementary school district, community high school district and township high school district -...
• Illinois School Code. - 105 ILCS 5, Section 8-5
  Books and accounts. (a) The township treasurer shall be provided by the trustees of schools with a cash book, a loan book, a district...
• Illinois School Code. - 105 ILCS 5, Section 8-6
  Custody of school funds. The school treasurer shall have custody of the school funds and shall keep in a cash book separate cash balances. In...
• Illinois School Code. - 105 ILCS 5, Section 8-7
  Only lawful custodian of funds - Depositaries. Except as otherwise provided in subsection (f) of Section 8-1, subsection (c) of Section 5-1, and subsection...
• Illinois School Code. - 105 ILCS 5, Section 8-8
  Township fund - Loans - Investments. The township treasurer or township land commissioners, as the case may be, shall keep the principal of the...
• Illinois School Code. - 105 ILCS 5, Section 8-9
  Mortgages - Form. Mortgages to secure the payment of money loaned under the provisions of this Act may be in the following form: I,...
• Illinois School Code. - 105 ILCS 5, Section 8-10
  Interest in default-Actions. If default is made in the interest due upon money loaned by any township treasurer, or in the payment of the...
• Illinois School Code. - 105 ILCS 5, Section 8-11
  Suit when additional security not furnished. If the trustees of schools require additional security for the payment of money loaned, and such security is...
• Illinois School Code. - 105 ILCS 5, Section 8-12
  Name in which securities taken-Actions. Bonds, mortgages, notes and other securities taken for money or other property due, or to become due, to the...
• Illinois School Code. - 105 ILCS 5, Section 8-13
  Statement of condition of funds. On or before June 30, annually, the township treasurer shall deliver to the county superintendent of schools a statement...
• Illinois School Code. - 105 ILCS 5, Section 8-14
  Statements to trustees-Books, mortgages, etc., submitted for examination. On the first Mondays in April and October of each year the township treasurer shall submit...
• Illinois School Code. - 105 ILCS 5, Section 8-15
  Statement of district accounts. The school treasurer shall furnish to the school board of the district which he serves as treasurer a monthly reconciliation...
• Illinois School Code. - 105 ILCS 5, Section 8-16
  School orders; Teacher's wages. The school treasurer shall pay out funds of the school district only upon an order of the school board signed by...
• Illinois School Code. - 105 ILCS 5, Section 8-17
  Duties of treasurer. (a) It is also the duty of the township treasurer to: 1. Return to the county clerk, on or before the...
• Illinois School Code. - 105 ILCS 5, Section 8-18
  District in two or more townships-Taxes-Treasurer. When a district is composed of parts of two or more townships, any treasurer not authorized to receive...
• Illinois School Code. - 105 ILCS 5, Section 8-19
  Delivery of money, books, mortgages, etc. to successor. At the expiration of his term of office, or upon his removal or resignation the school...
• Illinois School Code. - 105 ILCS 5, Section 8-20
  Failure or refusal to perform duties. The school treasurer who as such treasurer fails, neglects or refuses to perform the duties imposed upon him...

Last modified: February 18, 2015