{"data":{"id":"us-il/805-ilcs-5-2a.05","jurisdiction":"us-il","citation":"805 ILCS 5/2A.05","heading":"Formation of a close corporation.","body":"A close corporation shall be formed in accordance with the provisions of this Act, except its articles of incorporation shall contain a heading stating that it is being organized as a close corporation. A corporation organized under the Professional Service Corporation Act or the Medical Service Corporation Act, as such Acts are now or hereafter amended, may become a close corporation if it complies with the requirements of this Article.","path":["CHAPTER 805 BUSINESS ORGANIZATIONS","Business Corporation Act of 1983."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2273\u0026ChapterID=65\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:46Z","sha256":"cdbcdad96336c5348b2188eae0cbe0927753202a12c6dfaacdbba1b57aa27198","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-5-2.35","next":"us-il/805-ilcs-5-2a.10"},"notice":"GroundRules: Original legal text. Not legal advice."}