Illinois Code § 105 ILCS 5/8-19

Delivery of money, books, mortgages, etc.
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to successor.

 
At the expiration of his term of office, or upon his removal or
resignation the school treasurer, or in case of his death, his
representatives shall deliver to his successor, all moneys, books,
mortgages, notes and securities, and all papers and documents in which the
district has any lawful interest.

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