(55 ILCS 5/1-2005) (from Ch. 34, par. 1-2005)
Sec. 1-2005.
Adjustment of debts.
No territory
transferred under the provisions of this Division shall be released from
the payment of its proportion of the debts of the county from
which such territory is transferred; and such proportionate indebtedness
from such transferred territory shall be collected by the county to which
such territory is transferred, at an equal or greater rate than is levied
and collected in the county from which such territory was transferred -- such
rate to be ascertained by the certificate of the county clerk of said last
named county, and when so collected, to be paid over to the county entitled
thereto.
(Source: P.A. 86-962.)
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