For each school district organized under Article 34 there is established a body both corporate and politic and a unit of local government to be known as the "(Name of City) School Finance Authority" which, in such name, shall exercise all authority vested in such Authority by this Article.
105 ILCS 5/34A-104
Establishment of Authority
Known as the School Finance Authority Act
The act spans §§ 105-5-34a-101 to 105-5-34a-608 (56 sections).
P.A. 81-1221.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.