(40 ILCS 5/13-705) (from Ch. 108 1/2, par. 13-705)
Sec. 13-705.
Board meetings.
The Board shall hold regular meetings in
each month, 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 allowed, or payments
made from the Fund unless ordered by a vote of a majority of the Board
members, as shown by roll call entered upon the official record of the
meeting at which such action is taken.
(Source: P.A. 87-794.)
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