(805 ILCS 5/2A.05) (from Ch. 32, par. 2A.05)
Sec. 2A.05. Formation of a close corporation. A close corporation shall be formed in accordance with the provisions of this Act, except its articles of incorporation shall contain a heading stating that it is being organized as a close corporation. A corporation organized under the Professional Service Corporation Act or the Medical Service Corporation Act, as such Acts are now or hereafter amended, may become a close corporation if it complies with the requirements of this Article.
(Source: P.A. 88-151.)
Sections: 2A.05 2A.10 2A.13 2A.15 2A.20 2A.25 2A.30 2A.31 2A.40 2A.45 2A.50 2A.55 2A.60 Next
Last modified: February 18, 2015