Illinois Statutes
§ 15.5
Illinois § 15.5
This text of Illinois § 15.5 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
610 Ill. Comp. Stat. 15.5 (2026).
Text
No person holding stock in any such corporation as executor, administrator, guardian or trustee, and no person holding such stock as collateral security, shall be personally subject to any liability as stockholders of such corporation; but the person pledging the stock shall be considered as holding the same, and shall be liable as a stockholder accordingly.
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Legislative History
(Source: P.A. 87-895.)
Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 15.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/610/15.5.