Illinois Compiled Statutes 805 ILCS 105 General Not for Profit Corporation Act of 1986. Section 107.85

    (805 ILCS 105/107.85) (from Ch. 32, par. 107.85)

    Sec. 107.85. Nonliability of members. The members of a corporation shall not be personally liable for any debt or obligation of the corporation.

(Source: P.A. 87-854.)

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Last modified: February 18, 2015