Illinois Statutes
§ 106.10 — Evidence of contribution
Illinois § 106.10
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 805BUSINESS ORGANIZATIONS
Act 805 ILCS 105/General Not For Profit Corporation Act of 1986.
Art.Article 6 - Shares; Dividends; Contributions
This text of Illinois § 106.10 (Evidence of contribution) 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. 106.10 (2026).
Text
A contribution of a member may be evidenced by a written instrument delivered to the member, but such instrument shall not be denominated a "share of stock" or by any word or term implying that the instrument is a share as such term is used in the Business Corporation Act of 1983 as now in effect or as hereafter amended.
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Legislative History
(Source: P.A. 84-1423.)
Nearby Sections
3
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Bluebook (online)
Illinois § 106.10, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/805/106.10.