805 ILCS 105/ – General Not For Profit Corporation Act of 1986 | Midpage

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Illinois Compiled Statutes

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105

805 ILCS 105/

General Not For Profit Corporation Act of 1986

101.01Short title 101.05Powers of Secretary of State 101.10Forms, execution, acknowledgment and filing 101.11Electronic filing 101.15Statement of correction 101.20805 Ilcs 105/101.20 101.25Lists of corporations; exchange of information 101.30Abstract of corporate record 101.35805 Ilcs 105/101.35 101.40Information disclosed by interrogatories 101.45Judicial review under the Administrative Review Law 101.50Administrative Procedure Act 101.55Certain powers reserved to General Assembly 101.60Effect of repeal of prior law on rights accrued or liabilities or penalties incurred 101.70Application of Act 101.75Election to Accept Act 101.80Definitions 102.05Incorporators 102.10Articles of Incorporation 102.15Effect of incorporation 102.20Organization of Corporation 102.25Bylaws 102.30Emergency bylaws 102.35Incorporation of an association or society 103.05Purposes and authority of corporations; particular purposes; exemptions 103.10General powers 103.12Private foundations - Federal tax laws 103.15Defense of Ultra Vires 103.20Unauthorized assumption of corporate powers 103.25Locale misrepresentation 103.30Homeowners' association; American flag or military flag 103.35Unemployment insurance; notice 104.05Corporate name of domestic or foreign corporation 104.10Reserved name 104.15Assumed corporate name 104.20Change and cancellation of assumed corporate name 104.25Registered name of foreign corporation 105.05Registered office and registered agent 105.10Change of registered office or registered agent 105.15Resignation of registered agent 105.20Change of Address of Registered Agent 105.25Service of process on domestic or foreign corporation 105.30Service of process on foreign corporation not authorized to conduct affairs in Illinois 106.05Shares and dividends prohibited 106.10Evidence of contribution 107.03Members 107.05Meeting of members 107.10Informal action by members entitled to vote 107.15Notice of members' meetings 107.20Waiver of notice 107.25Fixing record date for voting 107.35Inspectors 107.40Voting 107.50Proxies 107.60Quorum of members entitled to vote 107.70Voting agreements 107.75Books and records 107.80Derivative suits by voting members 107.85Nonliability of members 107.90Not-for-profit residential cooperative 108.05Board of directors 108.10Number, election and resignation of directors 108.15Quorum of directors 108.20Place of directors' meetings 108.21805 Ilcs 105/108.21 108.25Notice of directors' meetings 108.30Vacancies 108.35Removal of directors 108.40Committees 108.45Informal action by directors 108.50Officers 108.55Removal of Officers 108.60Director conflict of interest 108.65Liability of directors in certain cases 108.70Limited Liability of directors, officers, board members, and persons who serve without compensation 108.75Indemnification of officers, directors, employees and agents; insurance 108.80Prohibited loans to directors and officers 108.85Act not exclusive 109.10Distributions prior to dissolution 110.05Authority to amend articles of incorporation 110.15Amendment by Directors 110.20Amendments by Directors and Members 110.30Articles of amendment 110.35Effect of amendment 110.40Amendment pursuant to reorganization 111.05Right to merge or consolidate 111.10Merger of Domestic Corporation into Body Corporate and Politic 111.15Merger or consolidation by directors 111.20Merger or consolidation by directors and members 111.25Articles of merger or consolidation 111.35Merger or consolidation of domestic and foreign corporations 111.37Merger of domestic corporations and domestic or foreign corporations for profit 111.40Effective date of merger or consolidation 111.45805 Ilcs 105/111.45 111.50Effect of merger or consolidation 111.55Sale, lease or exchange of assets in usual and regular conduct of its affairs; mortgage or pledge of assets 111.60Sale, lease or exchange of assets, other than in usual and regular conduct of its affairs 112.05Voluntary dissolution by directors 112.10Voluntary dissolution by written consent of members entitled to vote 112.12Dissolution of residential cooperative housing corporations 112.15Voluntary dissolution by vote of members entitled to vote 112.16Distribution of assets 112.17Plan of distribution 112.20Articles of dissolution 112.25Revocation of Dissolution 112.30Effect of dissolution 112.35Grounds for administrative dissolution 112.40Procedure for administrative dissolution 112.43Administrative dissolution; corporate name 112.45Reinstatement following administrative dissolution 112.50Grounds for judicial dissolution 112.55Alternative remedies to judicial dissolution 112.60Practice in actions for judicial dissolution or removal and for alternative remedies 112.65Order of dissolution 112.70Deposit of amount due 112.75Known claims against dissolved corporation 112.80Survival of remedy after dissolution 113.05Admission of foreign corporation 113.10Powers of foreign corporation 113.15Application for authority 113.20Effect of authority 113.25Change of name by foreign corporation 113.30Amendment to articles of incorporation of foreign corporation 113.35Merger of foreign corporation authorized to conduct affairs in this state 113.40Amended authority 113.45Withdrawal of foreign corporation 113.50Grounds for revocation of authority 113.55Procedure for revocation of authority 113.60Reinstatement following revocation 113.65Application to corporations heretofore qualified to conduct affairs in this state 113.70Conducting affairs without authority 114.05Annual report of domestic or foreign corporation 114.10Filing of annual report of domestic or foreign corporation 114.15Demographic information of directors and officers 115.05805 Ilcs 105/115.05 115.10Fees for filing documents 115.15Miscellaneous charges 115.20Expedited service fees 115.85Effect of nonpayment of fees or taxes 115.90No fees for publishing lists of not-for-profit corporations 116.05Penalties imposed upon corporations 116.10Penalties imposed upon officers and directors 117.05Specific repealer