No less than 2/3 of the trustees shall be officers, directors, trustees or full time employees of a beneficiary of the trust fund.
215 ILCS 150/8
Every such trust fund shall have no fewer than 3 nor more than 30 trustees
Known as the Religious and Charitable Risk Pooling Trust Act
The act spans §§ 215-150-1 to 215-150-9 (30 sections).
P.A. 80-530.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.