Illinois Statutes
§ 111.15 — Merger or consolidation by directors
Illinois § 111.15
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 805BUSINESS ORGANIZATIONS
Act 805 ILCS 105/General Not For Profit Corporation Act of 1986.
Art.Article 11 - Merger And Consolidation
This text of Illinois § 111.15 (Merger or consolidation by directors) 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. 111.15 (2026).
Text
Where a corporation has no members or no members entitled to vote on mergers or consolidations, a plan thereof shall be adopted at a meeting of the board of directors upon receiving the affirmative vote of a majority of the directors in office.
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Legislative History
(Source: P.A. 84-1423.)
Nearby Sections
15
§ 111
Required information§ 111.05
Right to merge or consolidate§ 111.10
§ 111.10§ 111.37
§ 111.37§ 111.45
(Repealed)§ 111.55
§ 111.55§ 111.60
§ 111.60§ 1110
§ 1110Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 111.15, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/805/111.15.