805 ILCS 315/17

Current through Public Act 103-593
Section 805 ILCS 315/17

Upon demand of one-third of the entire board of directors, made immediately and so recorded at the same meeting at which the original motion was passed, any matter of policy that has been approved or passed by the board must be referred to the entire membership or the stockholders for decision at the next special or regular meeting; and a special meeting may be called for the purpose.

805 ILCS 315/17

Laws 1923, p. 286.