{"data":{"id":"us-il/805-ilcs-317-65","jurisdiction":"us-il","citation":"805 ILCS 317/65","heading":"Conversion.","body":"A limited worker cooperative association may convert into any form of entity permitted if the board of managers or managing members of the limited worker cooperative association adopts a plan of conversion and the assembly adopts such a plan by a two-thirds majority vote. In the case of a collective worker cooperative, a limited worker cooperative association may convert into any form of entity permitted if the members adopt a plan by a two-thirds majority vote. Conversions from other forms of entities to a limited worker cooperative association are governed by the Entity Omnibus Act.","path":["CHAPTER 805 BUSINESS ORGANIZATIONS","Limited Worker Cooperative Association Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=4016\u0026ChapterID=65\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"2424f923ff3af842ccb416eb0b95184f4a18cfd749ae05bab6f2e34da8c0a048","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-317-63","next":"us-il/805-ilcs-317-70"},"notice":"GroundRules: Original legal text. Not legal advice."}