(215 ILCS 5/45) (from Ch. 73, par. 657)
(Section scheduled to be repealed on January 1, 2017)
Sec. 45. Documents to be delivered to director by incorporators. Upon the execution of the articles of incorporation, there shall be delivered to the Director
(a) duplicate originals of the articles of
incorporation;
(b) a copy of the by-laws adopted by the
incorporators;
(c) 2 organization bonds, or the cash or securities,
provided for in Section 46;
(d) the form of guaranty fund agreements and of
guaranty capital shares, if any, as provided in section 56 to be issued in connection with solicitation of surplus; and
(e) the form of escrow agreement for the deposit of
cash or securities.
(Source: P.A. 84-502.)
Sections: Previous 38 39 40 41 42 43 44 45 45.1 46 47 48 49 50 51 Next
Last modified: February 18, 2015