(60 ILCS 1/170-20)
Sec. 170-20.
Board powers; annual financial statement; forfeiture.
(a) The board of directors constitute the governing body of the public
hospital; they are the corporate authorities of the township for that purpose
and constitute a body corporate and politic separate and distinct from other
officers of the township. The board of directors shall exercise all the powers
and manage and control all of the affairs and property of the public hospital,
may sue and be sued in their corporate name, and may adopt a corporate seal and
change it at pleasure. The board of directors may approve the provision of any
service and approve any contract or other arrangement not prohibited to a
hospital licensed under the Hospital Licensing Act, incorporated under the
General Not-For-Profit Corporation Act, and exempt from taxation under
paragraph (3) of subsection (c) of Section 501 of the Internal Revenue Code.
(b) The board of directors shall, within 30 days after their appointment and
at the first meeting in May of each year thereafter, elect one of their number
chairman and one of their number vice chairman. The board shall elect a
secretary and a treasurer, neither of whom shall be members of the board of
directors. The secretary and treasurer shall perform duties and receive
salaries prescribed by the board of directors, and each of those officers shall
furnish bonds in a sum fixed by the board of directors for the use and benefit
of the public hospital.
(c) The board of directors may employ and appoint a person or persons they
deem necessary and expedient for the operation of the public hospital and its
affairs and prescribe their salaries and duties.
(d) The board of directors shall, within 30 days after the close of each
fiscal year, prepare and file with the township clerk a full statement of the
financial affairs of the hospital showing (i) the balance (if any)
received by the board from any source; (ii) the amount of tax levied the
preceding year for the hospital; (iii) the amount collected and paid over
to the board; (iv) the amount paid out by the board and on what account,
including any amount paid out on indebtedness (specifying the nature and amount
of the indebtedness, the amount paid on the indebtedness, the amount paid on
principal, and the amount paid on interest account); and (v) the amount and
kind of all outstanding indebtedness due and unpaid, the amount and kind of
indebtedness not yet due, and when the indebtedness not yet due will mature.
The township clerk shall record the statement in the record book of the
township as soon as it is filed. The township clerk, within 30 days after
receiving the statement, shall also cause the statement to be published in a
newspaper of general circulation published within the township in which the
hospital is situated. If no newspaper of general circulation is published in
the township, the report shall be published in any newspaper generally
circulated in the township.
(e) Any board of directors or township clerk who wilfully neglects to comply
with this Section shall forfeit and pay to the township the sum of not less
than $50 nor more than $200, to be sued for and recovered by the township and
appropriated for repairs of highways and bridges in the township.
(Source: P.A. 86-739; 88-62.)
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