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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 112.10. Voluntary dissolution by written consent of members entitled to vote. Except for the dissolution of a not-for-profit corporation organized for the purpose of ownership or administration of residential property on a cooperative basis, when a corporation has members entitled to vote on dissolution, the dissolution of a corporation may be authorized pursuant to Section 107.10 of this Act. Dissolution pursuant to this Section does not require any vote of the directors of the corporation.
Cite this article: FindLaw.com - Illinois Statutes Chapter 805. Business Organizations § 105/112.10. Voluntary dissolution by written consent of members entitled to vote - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-805-business-organizations/il-st-sect-805-105-112-10/
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