Illinois Statutes
§ 12
Illinois § 12
This text of Illinois § 12 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
310 Ill. Comp. Stat. 12 (2026).
Text
Merger, consolidation or reorganization of housing corporations shall be subject to the control and supervision of the Illinois Housing Development Authority. The amount of stock, securities and obligations to be issued by the merged, consolidated or reorganized corporation shall be approved by the Illinois Housing Development Authority, and shall not exceed the fair value of the assets as determined by the Illinois Housing Development Authority. No statement of merger or consolidation of a housing corporation shall be filed by the Secretary of State unless it shall have endorsed thereon, or be accompanied by a certificate of, the approval of the Illinois Housing Development Authority.
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Legislative History
(Source: P.A. 80-1495.)
Nearby Sections
2
Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 12, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/310/12.