Illinois Compiled Statutes 805 ILCS 105 General Not for Profit Corporation Act of 1986. Section 107.80

    (805 ILCS 105/107.80) (from Ch. 32, par. 107.80)

    Sec. 107.80. Derivative suits by voting members. Nothing in this Act shall be construed to affect any pre-existing common law right of a voting member to bring an action in this State in the right of such corporation, nor shall this Act be construed to create any such right that did not exist prior to the effective date of this Act.

(Source: P.A. 84-1423.)

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Last modified: February 18, 2015