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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 15. Purpose of limited worker cooperative association.
(a) A limited worker cooperative association is an entity distinct from its members.
(b) A limited worker cooperative association may be organized for any lawful purpose, whether or not for profit.
(c) An association organized as a worker cooperative under this Act does not create a presumption that workers are employees of the association for any purposes.
Cite this article: FindLaw.com - Illinois Statutes Chapter 805. Business Organizations § 317/15. Purpose of limited worker cooperative association - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-805-business-organizations/il-st-sect-805-317-15/
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