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Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
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(70 ILCS 910/14) (from Ch. 23, par. 1264)
Sec. 14.
The board of directors of a District shall possess and exercise
all of its legislative and executive powers. Within thirty days after the
appointment of the initial directors, the board shall meet. The time and
place of the first meeting of the board shall be designated by the circuit
court. At its first meeting the board shall elect a chairman from its
members and select a secretary, treasurer and such officers or employees as
it deems expedient or necessary for the accomplishment of its corporate
objects. The secretary and treasurer need not be members of the Board. At
the meeting the board, by ordinance, shall define the first and subsequent
fiscal years of the District, and shall adopt a corporate seal and by-laws,
which shall determine the times for the annual election of officers and of
other regular and special meetings of the board and shall contain the rules
for the transaction of other business of the District and for amending such
by-laws.
Each director of any such District shall devote such time to the duties
of such office as the faithful discharge thereof may require and shall
serve without compensation.
(Source: Laws 1967, p. 3716.)
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