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| | SB3144 Engrossed | | LRB101 18560 RPS 68014 b |
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| 1 | | AN ACT concerning public employee benefits.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Pension Code is amended by changing |
| 5 | | Section 17-140 as follows:
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| 6 | | (40 ILCS 5/17-140) (from Ch. 108 1/2, par. 17-140)
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| 7 | | Sec. 17-140. Board officers. The president, recording |
| 8 | | secretary and other officers of the Board shall
be elected by |
| 9 | | and from the members of the Board board at the first meeting of |
| 10 | | the
Board after the election of trustees.
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| 11 | | In case any officer whose signature appears upon any check |
| 12 | | or draft,
issued pursuant to this Article, ceases (after |
| 13 | | attaching his signature) to
hold his office, the before the |
| 14 | | delivery thereof to the payee, his signature
nevertheless shall |
| 15 | | be valid and sufficient for all purposes with the same
effect |
| 16 | | as if he had remained in office until delivery thereof.
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| 17 | | (Source: P.A. 90-566, eff. 1-2-98.)
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