Illinois · Through at least Public Act 104-790

805 ILCS 105/106.10: Evidence of contribution.

Where this section sits in the code

CHAPTER 805 BUSINESS ORGANIZATIONS
General Not For Profit Corporation Act of 1986.

A contribution of a member may be evidenced by a written instrument delivered to the member, but such instrument shall not be denominated a "share of stock" or by any word or term implying that the instrument is a share as such term is used in the Business Corporation Act of 1983 as now in effect or as hereafter amended.

Collected 2026-09-15T04:46:47Z. Source file · JSON

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