(a) The Council shall:
        (1) receive and disburse funds, as prescribed in this
    
Act and the marketing program, to be used in administering and implementing the provisions and the intent of this Act and the marketing program;
        (2) annually elect a Chairperson from among its
    
members who may succeed himself or herself for not more than one term;
        (3) annually elect a Secretary-Treasurer from among
    
its members;
        (4) meet regularly and at any other times at the call
    
of the Chairperson, or when requested by 4 or more directors of the Council; all meetings must comply with the Open Meetings Act;
        (5) maintain a permanent record of its business
    
proceedings;
        (6) maintain a permanent and detailed record of its
    
financial dealings;
        (7) prepare and publish annually an activity and
    
financial report for the marketing program to be available to all of the affected producers of the marketing program. All expenditures under each marketing program shall be audited at least annually by a registered public accountant. Within 30 days after completion of such audit, the results shall be made available to the Director of the Illinois Department of Agriculture;
        (8) bond the treasurer and such other persons
    
necessary to insure adequate protection of funds and deposit program funds in a secure banking institution; and
        (9) maintain an office at a specific location in
    
Illinois.
    (b) The Council may:

Terms Used In Illinois Compiled Statutes 510 ILCS 101/35

  • Contract: A legal written agreement that becomes binding when signed.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

        (1) conduct or contract with any accredited
    
university, college, or similar institution and enter into other contracts or agreements that will aid the Council in carrying out the purposes of the program, including contracts for the purchase or acquisition of facilities or equipment necessary to carry out the purposes of the program;
        (2) disseminate reliable information benefiting the
    
consumer and the swine industry on subjects including, but not limited to, purchase, identification, care storage, handling, cookery, preparation, serving, and nutritive value of pork and pork products;
        (3) provide information to government bodies and act
    
jointly or in cooperation with the State or federal government, and agencies thereof, to facilitate the objectives of the program;
        (4) sue and be sued as a Council without individual
    
liability of the members for acts of the Council when acting within the scope of the powers of this Act and in the manner prescribed by the laws of this State;
        (5) borrow money from licensed lending institutions
    
in an amount that is not cumulatively greater than 50% of the Council’s anticipated annual income;
        (6) maintain a financial reserve for emergency use,
    
the total of which may not exceed 50% of the Council’s anticipated annual income;
        (7) appoint advisory groups composed of
    
representatives from organizations, institutions, government, or businesses related to or interested in the welfare of the swine industry and the pork-consuming public;
        (8) employ subordinate officers and employees of the
    
Council and prescribe their duties and fix their compensation and terms of employment;
        (9) cooperate with any local, State, regional, or
    
nationwide organization or agency or person engaged in work or activities consistent with the objectives of the program;
        (10) cause any duly authorized agent or
    
representative of the Council to enter upon the premises of any market agency, market agent, collection agent, or collection agency, or any person responsible for remitting assessments to the Council and examine or cause to be examined by an authorized agent only books, papers, and records that deal in any way with the payment of the assessment adopted pursuant to this Act and marketing program;
        (11) provide services that enhance profitability and
    
consumer preference for pork; and
        (12) carry out the duties and responsibilities as set
    
forth in this Act and marketing program.