Illinois Compiled Statutes 60 ILCS 1/29-5 – Resolutions to discontinue and abolish a township
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Illinois Compiled Statutes 60 ILCS 1/29-5
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The township board and the corporate authorities of a coterminous, or substantially coterminous, municipality may by resolutions of the board and corporate authorities, and after referendum of the voters of the township and municipality: (1) discontinue and abolish the township; (2) transfer all the rights, powers, duties, assets, property, liabilities, obligations, and responsibilities of the township to the municipality; and (3) cease and dissolve all township road districts with the district’s jurisdiction and authority transferred to the municipality upon the dissolution of the township.