{"data":{"id":"us-il/805-ilcs-5-7.60","jurisdiction":"us-il","citation":"805 ILCS 5/7.60","heading":"Quorum of shareholders.","body":"Unless otherwise provided in the articles of incorporation, a majority of votes of the shares, entitled to vote on a matter, represented in person or by proxy, shall constitute a quorum for consideration of such matter at a meeting of shareholders, but in no event shall a quorum consist of less than one-third of the votes of the shares entitled so to vote. If a quorum is present, the affirmative vote of the majority of the votes of the shares represented at the meeting and entitled to vote on a matter shall be the act of the shareholders, unless a greater number of votes or voting by classes is required by this Act or the articles of incorporation. The articles of incorporation may require any number or percent greater than a majority of votes up to and including a requirement of unanimity to constitute a quorum.","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":"c625e8987b57b083e17827bb06dd8719e4fd5a8ac7aed4485221b16b1b78ec2d","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-5-7.55","next":"us-il/805-ilcs-5-7.65"},"notice":"GroundRules: Original legal text. Not legal advice."}