{"data":{"id":"us-il/105-ilcs-5-32-4.12","jurisdiction":"us-il","citation":"105 ILCS 5/32-4.12","heading":"Sale of real estate-Use of proceeds.","body":"The board of education of any special charter district may sell and dispose of any real estate conveyed to it by any city for school purposes and use the proceeds derived from the sale thereof for school building purposes or for the purchase of other real estate for such purposes.","path":["CHAPTER 105 SCHOOLS","School Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=1005\u0026ChapterID=17\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:25Z","sha256":"389f30fa4fb5a3d9f7d39e6cd4319d322a801102d19c3f8a2fedd8cd899f7b28","source_id":"us-il","stale":false,"prev":"us-il/105-ilcs-5-32-4.11","next":"us-il/105-ilcs-5-32-4.13"},"notice":"GroundRules: Original legal text. Not legal advice."}