(60 ILCS 1/130-15)
Sec. 130-15.
Treasurer of board of managers.
The treasurer of the board of
managers shall have the custody of all money and property received in trust by
the board of managers and shall pay out that money or property only upon the
written order of the board, signed by at least 2 of the board members. The
treasurer shall keep permanent books of record of all trust funds, all receipts
and disbursements of trust funds, and the purposes of all receipts and
disbursements. The treasurer shall annually make a report in writing to the
board of managers, under oath, showing balances, receipts, and disbursements
and including a statement showing the amount and principal of trust funds on
hand and how invested. The report shall be audited by the board and, if found
correct, shall be transmitted to the township collector at the same time that
the treasurer of a village is required by law to make his or her report, to be
approved and preserved in the same manner if found to be correct.
(Source: P.A. 84-549; 88-62.)
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(60 ILCS 1/130-20)
Sec. 130-20.
Clerk of board of managers.
The clerk of the board of managers
shall keep, in a book provided for that purpose, a permanent record of the
proceedings of the board, signed by the president and attested by the clerk.
The clerk shall also keep a permanent record of the several trust funds, from
what sources the trust funds were received, the amounts of the trust funds, and
for what uses and purposes each trust fund was received. The clerk shall
annually, at the time of transmitting the treasurer's report to the township
collector, make a written report, under oath, to the township collector,
stating substantially the same matter required to be reported by the treasurer
of the board. The clerk's report, if found to be correct, shall be approved
and preserved by the township collector.
(Source: P.A. 84-549; 88-62.)
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(60 ILCS 1/130-25)
Sec. 130-25.
Removal of officers; accounting.
The township collector may
remove from office any member of the board of managers or the treasurer for
non-performance of duties or for misappropriation or wrongful use of the funds
or property and may require a just and proper accounting for the use of the
funds or property.
(Source: P.A. 84-549; 88-62.)
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(60 ILCS 1/130-30)
Sec. 130-30.
Joint cemeteries.
Any 2 or more cities, villages, or townships
may jointly unite in establishing and maintaining cemeteries within and without
the corporate limits or territory of either or any of them, may acquire lands
for those cemeteries in common by purchase, condemnation, or otherwise, may lay
out lots of convenient size for families, and may sell lots for family burying
ground or to individuals for burial purposes.
(Source: Laws 1963, p. 824; P.A. 88-62.)
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(60 ILCS 1/130-35)
Sec. 130-35.
Corporate trustee.
Whenever any money or other property has
been given or bequeathed to the board of managers of a cemetery owned or
controlled by a township for the purpose of maintaining a lot in the cemetery
or maintaining the cemetery as provided in this Article, the township may
provide for the appointment of a corporation authorized to do trust business as
trustee of the money or property, in place of the treasurer of the board of
managers. The corporate trustee has the same powers, authority, and duties with
regard to the administration of the trust funds as are provided in this Article
for the treasurer of the board of managers, except that it shall not be
required to execute a bond and may charge for its services as trustee amounts
agreed upon from time to time with the township authorities. The corporate
trustee may invest the trust funds in any investment authorized by the laws of
Illinois as proper fiduciary investments. The trustee may retain any property
given or bequeathed to it in trust even though the property may not be a legal
investment under the laws of Illinois.
(Source: P.A. 83-388; 88-62.)
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