The governing body of the Authority shall be a board consisting of 5 Directors appointed as follows: (a) Two Directors appointed by the Governor, with the approval of the Mayor. (b) Two Directors appointed by the Mayor, with the approval of the Governor. (c) One Director appointed jointly by the Governor and the Mayor, who shall serve as Chairman. (d) The Governor and the Mayor shall certify their respective appointments and approvals to the Secretary of State.
105 ILCS 5/34A-301
Board of Directors
Known as the School Finance Authority Act
The act spans §§ 105-5-34a-101 to 105-5-34a-608 (56 sections).
P.A. 81-1221.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.