|
The foreign fire insurance board shall manage and administer the money
in the foreign fire insurance fund as required by state statute for the
maintenance, use and benefit of the fire department. The president of
the foreign fire insurance board (or, in the president's absence, the
Secretary) shall preside over all meetings of such board. The foreign fire
insurance board shall have the power to adopt additional rules and
regulations for the management and operation of the foreign fire
insurance board and foreign fire insurance fund not inconsistent with
the provisions of this Code; provided that such rules and regulations
shall be subject to the requirements of
70 ILCS 705/11i(h).
|