Sec. 8-196. Board meetings.
70 words·~1 min read·
/il/chapter-40/act-5/8-196A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 8-196. Board meetings.
The board shall hold regular meetings in the months of March, June, September and December annually and special meetings as it deems necessary. A majority of the members shall constitute a quorum for the transaction of business at any meeting, but no annuity or benefit shall be granted or payments made by the fund unless ordered by a vote of a majority of the board members.