(55 ILCS 5/5-31020) (from Ch. 34, par. 5-31020)

Sec. 5-31020.

Dissolution.

At least 5% of the voters of a museum
district which has been in existence for at least 3 years may file with
the circuit clerk of the county comprising the museum district or the
county within the museum district having the largest population a petition
addressed to the circuit court of the county requesting dissolution of the
museum district.

A hearing shall be held thereon as nearly as possible as in the case of a
formation petition. If upon the hearing, the court finds that the petition
is sufficient it shall certify the proposition to the proper election
officials, who shall submit the question to the voters at an election in
accordance with the general election law.  The proposition shall be
substantially in the following form:

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    Shall the ......                    YES
Historical Museum District    ---------------------------------------------------------------------------------
be dissolved?                           NO
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If a majority of the votes cast on the proposition are in favor of
dissolution, the court shall by order declare the museum district dissolved.

If the vote is not in favor of the dissolution of the museum district,
the proposition to dissolve the museum district shall not again be
submitted to a vote for a period of 3 years.  If the vote is in favor of
dissolution of the museum district, the board shall close the affairs of
the museum district and all property, excluding real property, shall be
conveyed within 12 months to the Illinois State Museum or to such State or
county agency, State university, community college, private college or
other such semi-public, tax exempt, organization as the district trustees
shall designate upon the approval of the director of the Illinois State
Museum. Any remaining property may then be conveyed to the county board.
The Attorney General of the State of Illinois shall be responsible for the
enforcement of this Division and shall see that no liquidation of any
property acquired by any district established by this Division shall
violate these provisions.

All money remaining after the business affairs of the museum district
have been closed, and its debts and obligations  have been paid, shall be
paid to the county comprising the museum district.  If the museum district
is located in more than one county, then all such remaining money shall be
paid to each county on a pro rata basis of the assessed value of property
of the museum district located in each county.  All conveyances of real
property shall be subject to the approval of the Illinois State Museum.

(Source: P.A. 86-962.)