Chapter 805, BUSINESS ORGANIZATIONS

(805 ILCS 35/1) (from Ch. 32, par. 1001) Sec. 1. This Act shall be known and may be cited as the Illinois Development Credit Corporation Act. (Source: Laws 1965, p. 577.)

(805 ILCS 25/1) (from Ch. 32, par. 368) Sec. 1. That any company which has been or shall be incorporated under the general law of this State for the purpose of building, operating and maintaining within this State any levee, canal or tunnel for agricultural, mining or sanitary pu…

(805 ILCS 120/1.5) Sec. 1.5. Locale misrepresentation. (a) A person shall not advertise or cause to be listed in a telephone directory an assumed or fictitious business name that intentionally misrepresents where the business is actually located or operating or falsely states tha…

(805 ILCS 15/10) (from Ch. 32, par. 640) (Text of Section before amendment by P.A. 104-764) Sec. 10. The Department may suspend or revoke any certificate of registration or may otherwise discipline the certificate holder for any of the following reasons: (a) the revocation or sus…

(805 ILCS 120/10) (from Ch. 32, par. 188j) Sec. 10. Consolidation of certain missionary and benevolence organizations prior to this Act - Validation. In all cases where, prior to the adoption of this Act, 2 or more such non-profit corporations organized for the promotion of relig…

(805 ILCS 305/10) (from Ch. 106 1/2, par. 110) Sec. 10. Regulation of practice of law. (a) The manner in which lawyers practice law under this Act is subject to the powers of the Supreme Court to regulate the practice of law. (b) A professional association that is organized to pr…

(805 ILCS 317/10) Sec. 10. Definitions. In this Act: "Candidate" means a worker who is being considered for membership in a worker cooperative, as defined in the cooperative association's articles or cooperative agreement. "Collective worker cooperative" means a limited worker co…

(805 ILCS 35/10) (from Ch. 32, par. 1010) Sec. 10. Upon the issuance of the certificate of incorporation by the Director, the corporate existence of the development credit corporation begins. The certificate of incorporation is conclusive except as against the State, that all con…

(805 ILCS 30/10) (from Ch. 32, par. 408) Sec. 10. The purchase and sale or lease, or the consolidation and merger authorized by this act, shall not be held or construed as a violation of the provisions of any ordinance or bond given thereunder, and shall in no way affect suits pe…

(805 ILCS 315/10) (from Ch. 32, par. 449) Sec. 10. Each association incorporated under this Act must, within thirty (30) days after its incorporation, adopt for its government and management, a code of by-laws, not inconsistent with the powers granted by this Act. A majority vote…

(805 ILCS 310/10) (from Ch. 32, par. 314) Sec. 10. At any regular or special meeting, legally called, an association organized under this Act or as a co-operative association under "The General Corporation Act", approved June 28, 1919, as amended may, by a majority vote of its me…

(805 ILCS 185/10) Sec. 10. Application of the Limited Liability Company Act. The Limited Liability Company Act, as now or hereafter amended, shall be applicable to professional limited liability companies, and they shall enjoy the powers and privileges and be subject to the dutie…

(805 ILCS 10/10) (from Ch. 32, par. 415-10) Sec. 10. A professional corporation organized under this Act shall be governed by a board of directors elected by the shareholders and represented by officers elected by the board of directors, and, if desired, by an executive committee…

(805 ILCS 320/10) (from Ch. 21, par. 44) Sec. 10. The board of trustees shall annually prepare and file with the State Comptroller the report required to be filed by a licensee under Section 12 of the "Cemetery Care Act", approved July 21, 1947, as now or hereafter amended. The C…

(805 ILCS 320/10.1) (from Ch. 21, par. 44.1) Sec. 10.1. The cost of examining the reports required by Section 10 of this Act shall be borne by the cemetery association. The charge made by the Comptroller for examining the reports required by Section 10 of this Act shall be based …

(805 ILCS 120/10a) (from Ch. 32, par. 188j-1) Sec. 10a. Act inapplicable to certain corporations. The provisions of this Act shall not be applicable to corporations which are subject to the provisions of "An Act to revise the law relating to corporations not for pecuniary profit"…

(805 ILCS 320/11) (from Ch. 21, par. 45) Sec. 11. For misconduct in office any of said trustees of said cemetery association may be removed from office by a court of competent jurisdiction, and any trustee of such an association who shall convert any funds of such association to …

(805 ILCS 185/11) Sec. 11. Articles of organization. One or more individuals may organize a professional limited liability company by filing articles of organization with the Secretary of State on forms furnished by the Secretary. Such articles of organization shall meet the requ…

(805 ILCS 315/11) (from Ch. 32, par. 450) Sec. 11. In the by-laws, each association shall provide for one or more regular meetings annually. The board of directors shall have the right to call a special meeting at any time; and 10% of the members or stockholders may file a petiti…

(805 ILCS 310/11) (from Ch. 32, par. 315) Sec. 11. Whenever an association created under this act shall purchase the business of another association, person or persons, it may pay for the same in whole or in part by issuing shares of its capital stock to an amount, which at par v…

(805 ILCS 15/11) (from Ch. 32, par. 641) Sec. 11. Before any certificate of registration is suspended or revoked, the holder shall be given written notice of the proposed action and the reasons therefor, and shall be given a public hearing by the Department with the right to prod…

(805 ILCS 30/11) (from Ch. 32, par. 409) Sec. 11. Any corporation purchasing or leasing the property of any company or companies, or into which any company or companies are consolidated and merged under this act, shall be, at the time of availing itself of or accepting the benefi…

(805 ILCS 10/11) (from Ch. 32, par. 415-11) Sec. 11. No corporation organized under this Act may issue any of its capital stock to anyone other than an individual who is duly licensed or otherwise legally authorized to render the same specific professional services or related pro…

(805 ILCS 35/11) (from Ch. 32, par. 1011) Sec. 11. The articles of incorporation for a development credit corporation organized under the provisions of this Act shall state: (1) The name of the corporation, which name shall include the words "Illinois Development Credit Corporati…

(805 ILCS 35/12) (from Ch. 32, par. 1012) Sec. 12. The articles of incorporation may be amended by a majority vote of the stockholders and members who will vote in accordance with Section 16 of this Act at any regular meeting or at a special meeting called for that purpose. Artic…

(805 ILCS 30/12) (from Ch. 32, par. 410) Sec. 12. Any company violating either of the provisions of Section 11 shall be liable in damages therefor to the person aggrieved, and shall, for each offense, forfeit $200, to be recovered in a civil action, in the name of the People of t…

(805 ILCS 310/12) (from Ch. 32, par. 316) Sec. 12. In case the cash value of such purchased business exceeds five hundred dollars, the directors of the association are authorized to hold the shares in excess of five hundred dollars in trust for the vendor or his assignee and disp…

(805 ILCS 315/12) (from Ch. 32, par. 451) Sec. 12. The affairs of the association shall be managed by a board of not less than five directors, to be elected by the members or stockholders with such qualifications as may be provided for in the articles of incorporation or by-laws.…

(805 ILCS 15/12) (from Ch. 32, par. 642) Sec. 12. The provisions of the Administrative Review Law, as heretofore or hereafter amended, and all rules adopted pursuant thereto, shall apply to and govern all proceedings for the judicial review of final administrative decisions of th…

(805 ILCS 10/12) (from Ch. 32, par. 415-12) Sec. 12. (a) No corporation shall open, operate or maintain an establishment for any of the purposes for which a corporation may be organized under this Act without a certificate of registration from the regulating authority authorized …

(805 ILCS 185/12) Sec. 12. Professional limited liability company name. The name of each professional limited liability company or foreign professional limited liability company organized, existing, or subject to the provisions of this Act shall contain the terms "professional li…

(805 ILCS 317/12) Sec. 12. Powers of Secretary of State and rulemaking. (a) The Secretary of State shall have the power and authority reasonably necessary to administer this Act efficiently and to perform the duties imposed in this Act. The Secretary of State's function under thi…

(805 ILCS 320/12) (from Ch. 21, par. 46) Sec. 12. The Board of Trustees of the cemetery association may make any and all rules and regulations for the management of the association not inconsistent with this Act. The trustees shall give bond to the Comptroller under the Cemetery …

(805 ILCS 10/12.1) (from Ch. 32, par. 415-12.1) Sec. 12.1. Any corporation which on 2 occasions issues or delivers a check or other order to the Department of Financial and Professional Regulation which is not honored by the financial institution upon which it is drawn because of…

(805 ILCS 185/13) (Text of Section from P.A. 104-618) Sec. 13. Nature of business. (a) A professional limited liability company may be formed to provide a professional service or services licensed by the Department except: (1) the practice of dentistry unless all the members and …

(805 ILCS 310/13) (from Ch. 32, par. 317) Sec. 13. Corporations organized under this Act may borrow money at legal rates of interest and pledge their property, both real and personal, to secure payment thereof, and may have and exercise all power necessary and requisite to carry …

(805 ILCS 10/13) (from Ch. 32, par. 415-13) (Text of Section before amendment by P.A. 104-764) Sec. 13. The regulating authority which issued the certificate of registration may suspend or revoke the certificate or may otherwise discipline the certificate holder for any of the fo…

(805 ILCS 315/13) (from Ch. 32, par. 452) Sec. 13. The directors shall elect from their number, a president, and one or more vice-presidents. They shall also elect a secretary and treasurer, who need not be directors or members of the association, and they may combine the two lat…

(805 ILCS 15/13) (from Ch. 32, par. 643) Sec. 13. (a) All of the officers, directors and shareholders of a corporation subject to this Act shall at all times be persons licensed pursuant to the Medical Practice Act of 1987. No person who is not so licensed shall have any part in …

(805 ILCS 320/13) (from Ch. 21, par. 47) Sec. 13. Any Cemetery Association existing at the time of the passage of this act, or which may hereafter be organized, may, if it shall so desire, convey to any Cemetery Association organized under this act, the property of said associati…

(805 ILCS 35/13) (from Ch. 32, par. 1013) Sec. 13. The first annual meeting shall be held as soon as practicable after the issuance of a certificate of incorporation. The first and subsequent annual meetings of stockholders and members shall be called as provided in the bylaws of…

(805 ILCS 10/13.5) Sec. 13.5. Notice of violation. Whenever the regulating authority has reason to believe a corporation has opened, operated, or maintained an establishment for any of the purposes for which a corporation may be organized under this Act without a certificate of r…

(805 ILCS 15/13.5) Sec. 13.5. Notice of violation. Whenever the Department has reason to believe a corporation has opened, operated, or maintained an establishment for any of the purposes for which a corporation may be organized under this Act without a certificate of registratio…

(805 ILCS 320/13a) (from Ch. 21, par. 48) Sec. 13a. Any cemetery association organized under this Act may convey any property which it may hold within a city, village, incorporated town, county not under township organization, or town, to the city, village, incorporated town, cou…

(805 ILCS 320/13b) (from Ch. 21, par. 48a) Sec. 13b. Any cemetery association organized under this Act is authorized to obtain a grant or grants of Federal funds from the United States Government, or from any proper agency thereof, for the construction of a memorial gateway and e…

(805 ILCS 35/14) (from Ch. 32, par. 1014) Sec. 14. The management of the affairs of the corporation shall be administered by a board of directors. Until the first meeting of stockholders, the incorporators shall have the powers and perform the duties ordinarily possessed and exer…

(805 ILCS 15/14) (from Ch. 32, par. 644) Sec. 14. This Act does not alter any law applicable to the relationship between a physician furnishing medical service and a person receiving such service, including liability arising out of such service. (Source: Laws 1963, p. 3513.)…

(805 ILCS 315/14) (from Ch. 32, par. 453) Sec. 14. Every officer, employee and agent handling funds or negotiable instruments or property of or for any association created hereunder shall be required to execute and deliver adequate bonds for the faithful performance of his duties…

(805 ILCS 310/14) (from Ch. 32, par. 318) Sec. 14. At any regularly called general or special meeting of the shareholders a written vote received by mail from any absent shareholder and signed by him may be read in such meeting, and shall be equivalent to a vote of each of the sh…

(805 ILCS 10/14) (from Ch. 32, par. 415-14) Sec. 14. At the time of the filing of the written application by the corporation for the renewal of its certificate under Section 12 of this Act, such corporation shall also file with the appropriate regulating authority a certificate g…