In conjunction with the district, the Panel shall have the power to negotiate collective bargaining agreements with the district's employees. Upon union ratification, the district and the Panel shall execute the agreements negotiated by the Panel, and the district shall be bound by and shall administer the agreements in all respects as if the agreements had been negotiated by the district itself.
105 ILCS 5/1H-45
Collective bargaining agreements
Known as the Financial Oversight Panel Law
The act spans §§ 105-5-1h-1 to 105-5-1h-95 (23 sections).
P.A. 97-429, eff. 8-16-11.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.