Illinois Compiled Statutes 805 Business Organizations: Article 7 - Shareholders

• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.05
  Meetings of shareholders. Meetings of shareholders may be held either within or without this State, as may be provided in the by-laws or in a...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.10
  Informal action by shareholders. (a) Unless otherwise provided in the articles of incorporation or Section 12.10 of this Act, any action required by this...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.15
  Notice of shareholders' meetings. Written notice stating the place, day, and hour of the meeting and, in the case of a special meeting, the...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.20
  Waiver of notice. Whenever any notice whatever is required to be given under the provisions of this Act or under the provisions of the...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.25
  Fixing record date. For the purpose of determining shareholders entitled to notice of or to vote at any meeting of shareholders, or shareholders entitled...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.30
  Voting lists. The officer or agent having charge of the transfer book for shares of a corporation shall make, within 20 days after the...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.35
  Inspectors. At any meeting of shareholders, the chairman of the meeting may, or upon the request of any shareholder shall, appoint one or more...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.40
  Voting of shares. (a) Subject to subsections (b), (c), and (d) of this Section 7.40, each outstanding share, regardless of class, shall be entitled...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.45
  Voting of shares by certain holders. Shares of a corporation held by the corporation in a fiduciary capacity may be voted and shall be...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.50
  Proxies. (a) A shareholder may appoint a proxy to vote or otherwise act for him or her by delivering a valid appointment form to...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.55
  Proxy solicitation. No proxy shall be solicited by means of any communication containing a statement which, at the time and in the light of...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.60
  Quorum of shareholders. Unless otherwise provided in the articles of incorporation, a majority of votes of the shares, entitled to vote on a matter,...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.65
  Voting trust. (a) One or more shareholders may create a voting trust for the purpose of conferring upon a trustee or trustees the right...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.70
  Voting agreements. (a) Shareholders may provide for the voting of their shares by signing an agreement for that purpose. A voting agreement created under...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.71
  Shareholder agreements. (a) Shareholders may unanimously agree in writing as to matters concerning the management of a corporation provided no fraud or apparent injury...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.75
  Corporate records - Examination by shareholders. (a) Each corporation shall keep correct and complete books and records of account and shall also keep minutes...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.80
  Provisions relating to actions by shareholders. (a) No action shall be brought in this State by a shareholder in the right of a domestic...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.85
  Vote required for certain business combinations. A. This Section shall apply to any domestic corporation that (i) has any equity securities registered under Section...
• Illinois Business Corporation Act of 1983. - 805 ILCS 5, Section 7.90
  Waiver. (a) Unless otherwise provided in the articles of incorporation, a shareholder who executes and delivers to the corporation a written instrument irrevocably waiving the...

Last modified: February 18, 2015