Statutes, codes, and regulations
Illinois Compiled Statutes
BUSINESS AND EMPLOYMENTChapter 805 - BUSINESS ORGANIZATIONSSubchapter - NONPROFIT CORPORATIONSAct 105 - GENERAL NOT FOR PROFIT CORPORATION ACT OF 1986
Article 12 - DISSOLUTION
Section 805 ILCS 105/112.10 - Voluntary dissolution by written consent of members entitled to vote

805 ILCS 105/112.10

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Current through Public Act 103-593
Section 805 ILCS 105/112.10 - Voluntary dissolution by written consent of members entitled to vote

Except for the dissolution of a not-for-profit corporation organized for the purpose of ownership or administration of residential property on a cooperative basis, when a corporation has members entitled to vote on dissolution, the dissolution of a corporation may be authorized pursuant to Section 107.10 of this Act. Dissolution pursuant to this Section does not require any vote of the directors of the corporation.

805 ILCS 105/112.10

P.A. 84-1423.
Amended by P.A. 099-0078,§ 610, eff. 7/20/2015.
Amended by P.A. 098-0302,§ 5, eff. 1/1/2014.