Illinois Statutes
§ 103.20 — Unauthorized assumption of corporate powers
Illinois § 103.20
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 805BUSINESS ORGANIZATIONS
Act 805 ILCS 105/General Not For Profit Corporation Act of 1986.
Art.Article 3 - Purposes And Powers
This text of Illinois § 103.20 (Unauthorized assumption of corporate powers) 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
805 Ill. Comp. Stat. 103.20 (2026).
Text
All persons who assume to exercise corporate powers without authority to so do shall be jointly and severally liable for all debts and liabilities incurred or arising as a result thereof.
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Legislative History
(Source: P.A. 84-1423.)
Nearby Sections
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§ 103.05
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Bluebook (online)
Illinois § 103.20, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/805/103.20.