Illinois Compiled Statutes 205 ILCS 205 Savings Bank Act. Section 4004

    (205 ILCS 205/4004) (from Ch. 17, par. 7304-4)

    Sec. 4004. Quorum of annual or special meetings. The articles of incorporation may specify a quorum requirement, but it may not be less than one-third of the total number of votes entitled to be voted at a meeting. Any meeting, including one at which a quorum is not present, may be adjourned to a specified date without future notice.

(Source: P.A. 86-1213.)

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Last modified: February 18, 2015