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805 ILCS 317/ – An Act concerning business. | Midpage
Collections
Illinois Compiled Statutes
Business and Employment
Chapter 805
317
805 ILCS 317/
An Act concerning business.
1
Short title
10
Definitions
12
Powers of Secretary of State and rulemaking
15
Purpose of limited worker cooperative association
16
Application of the Limited Liability Company Act
20
Formation of limited worker cooperative association
21
Limited worker cooperative association; name
22
Forms, execution, acknowledgment, and filing
25
Articles of organization
30
Organization of limited worker cooperative association
35
Cooperative agreement
36
Annual reports
37
Fees
40
Members
45
Voting
5
Findings
50
Board of managers or managing members
51
Earnings and losses
52
System of internal capital accounts
55
Assembly
60
Dissolution and termination
61
Grounds for administrative dissolution
62
Procedure for administrative dissolution
63
Reinstatement following dissolution or termination
65
Conversion
70
Exemption from securities laws
90
805 Ilcs 317/90
95
805 Ilcs 317/95
99
Effective date