(310 ILCS 45/4) (from Ch. 67 1/2, par. 804)
Sec. 4.
There is hereby created a body corporate and politic which
shall be an agency of the State of Illinois by the name of the Illinois
Mortgage Insurance Agency, whose powers shall be vested in a body consisting
of 5 members appointed by the Governor with the advice and consent of the
Senate. The members of the Agency shall elect one of their member Chairman
of the Agency.
All members shall hold office for a term of 4 years commencing on
December 1, 1984. However, in case of an appointment to fill a vacancy
when the Senate is not in session, the Governor may make a temporary
appointment until the next meeting of the Senate.
(Source: P.A. 83-1392.)
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