(70 ILCS 1925/5-65)
Sec. 5-65.
Secretary and treasurer; oaths; bond of treasurer.
The
Authority may appoint a secretary and a treasurer, who need not be members of
the
Authority, to hold office during the pleasure of the Authority, and fix their
duties and compensation. Before entering upon the duties of their respective
offices, they shall take and subscribe to the constitutional oath of office,
and the treasurer shall execute a bond with corporate sureties to be approved
by the Authority. The bond shall be payable to the Authority in whatever penal
sum may be directed by the Authority conditioned upon the faithful performance
of the duties of the office and the payment of all money received by the
treasurer according to law and the orders of the Authority. The Authority may,
at any time, require a new bond for the treasurer in such penal sum as may then
be determined by the Authority.
(Source: P.A. 92-352, eff. 8-15-01.)
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