(215 ILCS 165/5) (from Ch. 32, par. 599)
Sec. 5.
The business and affairs of a health services plan
corporation shall be managed by a board of trustees, which shall have
the power to adopt, and to amend from time to time, by-laws governing
the conduct of the corporation's business. The board of trustees shall
consist of not less than seven persons, all of whom shall have the same
general qualifications as the incorporators, and at least 30% of whom
shall, in addition, be physicians or dentists, licensed in Illinois to practice
medicine in all of its branches or dentistry, respectively; provided, however,
that if in computing
the required number of physicians or dentists on the board of trustees, the amount
of 30% does not coincide with a whole number, but lies between whole
numbers, the smaller whole number shall be controlling as to the number
of physicians or dentists. The original board of trustees shall be appointed by the
incorporators. Trustees shall serve for a term of three years, except
that as to the original appointed board, not more than one-third of the
members thereof shall be appointed for three years, not more than
one-third thereof for two years and the balance thereof for one year. As
the terms of the members of the board of trustees expire, they shall be
replaced, from time to time, by election by the health services plan
subscribers who are members of the health services plan corporation. If
the corporation furnishes medical services to the plan's subscribers and
beneficiaries and these services are rendered by physicians licensed in
Illinois to practice medicine in all of its branches, the
board of trustees shall appoint a Medical Director who shall be a
physician licensed in Illinois to practice medicine in all of its
branches. The Medical Director may participate in all deliberations of
the board of trustees but shall not vote in any decisions or
determinations made by the board of trustees. The Medical Director,
under the board of trustees, shall have complete charge of and
responsibility for the medical and medically related scientific aspects
of the business of
the corporation.
(Source: P.A. 81-1203.)