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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 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.
Cite this article: FindLaw.com - Illinois Statutes Chapter 805. Business Organizations § 5/10.10. Amendment before issuance of shares - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-805-business-organizations/il-st-sect-805-5-10-10/
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