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Illinois Compiled Statutes 805 Business Organizations: Article 6 - Shares; Dividends; Contributions
Illinois Compiled Statutes 805 Business Organizations: Article 6 - Shares; Dividends; Contributions
Illinois General Not for Profit Corporation Act of 1986. - 805 ILCS 105, Section 106.05
Shares and dividends prohibited. A corporation shall not have or issue shares. No dividend shall be paid and no part of the money, property...
Illinois General Not for Profit Corporation Act of 1986. - 805 ILCS 105, Section 106.10
Evidence of contribution. A contribution of a member may be evidenced by a written instrument delivered to the member, but such instrument shall not...
Last modified: February 18, 2015