The foreign fire insurance board, and its officers, shall possess all powers and responsibilities as set forth in 65 ILCS 5/11-10-1 and 65 ILCS 5/11-10-2. The foreign fire insurance board is authorized to make all needful rules and regulations with respect to the board and management of money appropriated to the board. The officers of the foreign fire insurance board shall develop and maintain a listing of those items the board feels are appropriate expenditures for the maintenance, use, and benefit of the fire department. All expenditures of money shall be approved by a majority of the trustees of the foreign fire insurance board then holding office.
(Ord. 2606, 3-23-2021)