The treasurer of said Cemetery Association shall from time to time loan any money which said association may have and which is not needed for the immediate use of said association, taking proper security therefor, and which said loan and the security for the same shall, before the same becomes effective, be approved by said Board of Trustees of said Cemetery Association.
805 ILCS 320/7
Known as the Cemetery Association Act
The act spans §§ 805-320-0-01 to 805-320-9 (25 sections).
Laws 1903, p. 90.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.