105 ILCS 5/5-27

105 ILCS 5/5-27
in effect
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(105 ILCS 5/5-27) (from Ch. 122, par. 5-27) Sec. 5-27. Compromise, settlements and cancellations. The trustees of schools or township land commissioners may: make all settlements with persons indebted to them in their official capacity; receive deeds to real estate in compromise; and may cancel notes, bonds, mortgages, and judgments for the benefit of any school township or district. (Source: P.A. 84-452.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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