805 ILCS 105/112.12: Dissolution of residential cooperative housing corporations.
Where this section sits in the code
- CHAPTER 805 BUSINESS ORGANIZATIONS
- General Not For Profit Corporation Act of 1986.
When a not-for-profit corporation organized for the purpose of ownership or administration of residential property on a cooperative basis has members entitled to vote on dissolution, there must be an open meeting and vote of those members before a dissolution may be authorized.
Collected 2026-09-15T04:46:47Z. Source file · JSON