(5 ILCS 705/Art. 10 heading)
(5 ILCS 705/10-1)
Sec. 10-1.
Short title.
This Article may be cited as the Successor Agency Act.
(Source: P.A. 89-214, eff. 8-4-95.)
(5 ILCS 705/10-5)
Sec. 10-5.
Designation.
Unless a successor agency is specified by law,
whenever a State agency ceases operations, a successor agency shall be
designated as follows:
(Source: P.A. 89-214, eff. 8-4-95.)
(5 ILCS 705/10-10)
Sec. 10-10.
Property disposal.
Unless otherwise specified by law, a State
agency that ceases operations, or the successor agency designated in the manner
prescribed by law, shall dispose of the closed agency's records and assets as
follows:
(Source: P.A. 89-214, eff. 8-4-95.)
(5 ILCS 705/10-15)
Sec. 10-15.
Authority of successor agency.
A successor agency designated in
the manner prescribed by law shall act on behalf of the agency that has ceased
operations and shall have the power and duty to receive and answer
correspondence, pay claims due and owing to a Department of Central Management
Services revolving fund from any remaining unlapsed appropriation, refer unpaid
vendors to the Court of Claims, and arrange for the orderly termination of any
affairs of the agency that has ceased operations that remain unresolved at the
date of closure.
(Source: P.A. 89-214, eff. 8-4-95.)
Structure Illinois Compiled Statutes