Illinois Statutes
§ 4004 — Quorum of annual or special meetings
Illinois·Topic REGULATION·Ch. 205 FINANCIAL REGULATION·Act 205 ILCS 205/ Savings Bank Act.·Art. Article 4 - Membership
The articles of incorporation may specify a quorum requirement, but it may not be less than one-third of the total number of votes entitled to be voted at a meeting. Any meeting, including one at which a quorum is not present, may be adjourned to a specified date without future notice.
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Illinois § 4004 (Quorum of annual or special meetings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 86-1213.)
Nearby Sections
15
§ 4001
Members§ 4003
Notice of meetings§ 4005
Voting§ 4007
Proxies§ 4008
Directors§ 4011
Right to dissent§ 4012
Procedure to dissent§ 4013
§ 4013§ 4014
Waiver of notice