Illinois Compiled Statutes 40 ILCS 5 Illinois Pension Code. Section 13-705

    (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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Last modified: February 18, 2015