Illinois Compiled Statutes 805 ILCS 5 Business Corporation Act of 1983. Section 10.10

    (805 ILCS 5/10.10) (from Ch. 32, par. 10.10)

    Sec. 10.10. Amendment before issuance of shares. If a corporation has not issued shares, an amendment to the articles of incorporation may be adopted by a majority of the incorporators if initial directors were not named in the articles or have not been elected, or, if initial directors were named in the articles or have been elected, an amendment to the articles may be adopted by a majority of the directors.

(Source: P.A. 83-1025.)

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Last modified: February 18, 2015