Illinois Compiled Statutes
70 ILCS 3605/8 (2026)
The Authority shall have power to acquire by purchase, condemnation, lease, gift or otherwise any property and rights useful for its purposes and to sell, lease, transfer or convey any property or rights when no longer useful or exchange the same for other property or rights which are useful for its purposes
✓ current as of May 2026
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(70 ILCS 3605/8)
(from Ch. 111 2/3, par. 308)
(Section scheduled to be repealed on June 1, 2026)
Sec. 8.
The Authority shall have power to acquire by purchase,
condemnation, lease, gift or otherwise any property and rights useful for
its purposes and to sell, lease, transfer or convey any property or rights
when no longer useful or exchange the same for other property or rights
which are useful for its purposes.
(Source: Laws 1945, p. 1171. Repealed by P.A. 104-457, eff. 6-1-26.)
Notes of Decisions
Cited in 2
cases, 2005–2005 · leading case: Schivarelli v. Chicago Transit Auth., 823 N.E.2d 158 (Ill. App. Ct. 2005).
Schivarelli v. Chicago Transit Auth., 823 N.E.2d 158 (Ill. App. Ct. 2005). “70 ILCS 3605/8, 19 (West 1998). In this case, the CTA was the lessor in the lease agreement with Schivarelli, and the Board’s approval was required to enter into the lease.”
Schivarelli v. Chicago Transit Auth. (Ill. App. Ct. 2005). “70 ILCS 3605/8, 19 (West 1998). In this case, the CTA was the lessor in the lease agreement with Schivarelli, and the Board's approval was required to enter into the lease.”
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