205 ILCS 620/1-5.10

Current through Public Act 103-1052

Section 205 ILCS 620/1-5.10

"Surplus" means the aggregate of

(i) amounts paid in excess of the par value of capital stock and preferred stock;

(ii) amounts contributed other than for capital stock and preferred stock and allocated to the surplus account; and

(iii) amounts transferred from undivided profits.

205 ILCS 620/1-5.10

P.A. 86-754.