Illinois § 112.20 Articles of dissolution

Illinois Statutes

§ 112.20 — Articles of dissolution

Illinois § 112.20

JurisdictionIllinois

TopicBUSINESS AND EMPLOYMENT

Ch. 805BUSINESS ORGANIZATIONS

Act 805 ILCS 105/General Not For Profit Corporation Act of 1986.

Art.Article 12 - Dissolution

This text of Illinois § 112.20 (Articles of dissolution) 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. 112.20 (2026).

Text

(a)When a voluntary dissolution has been authorized as provided by this Act, articles of dissolution shall be executed and filed in duplicate in accordance with Section 101.10 of this Act and shall set forth:

(1)The name of the corporation.

(2)The date dissolution was authorized.

(3)A post-office address to which may be mailed a copy of any process against the corporation that may be served on the Secretary of State.

(4)Where dissolution is authorized pursuant to Section 112.05 of this Act:

(i)A statement that the dissolution received the affirmative vote of a majority of the directors in office, at a meeting of the board of directors, and the date of the meeting; or (ii) A statement that the dissolution was adopted by written consent, signed by all the directors in office, in compli

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(a) When a voluntary dissolution has been authorized as provided by this Act, articles of dissolution shall be executed and filed in duplicate in accordance with Section 101.10 of this Act and shall set forth: (1) The name of the corporation. (2) The date dissolution was authorized. (3) A post-office address to which may be mailed a copy of any process against the corporation that may be served on the Secretary of State. (4) Where dissolution is authorized pursuant to Section 112.05 of this Act: (i) A statement that the dissolution received the affirmative vote of a majority of the directors in office, at a meeting of the board of directors, and the date of the meeting; or (ii) A statement that the dissolution was adopted by written consent, signed by all the directors in office, in compliance with Section 108.45 of this Act. (5) If the dissolution was adopted pursuant to Section 112.10 or 112.15 of this Act: (i) A statement that the dissolution was adopted at a meeting of members by the affirmative vote of the members having not less than the minimum number of votes necessary to adopt the dissolution, as provided by this Act, the articles of incorporation, or the bylaws, and the date of the meeting; or (ii) A statement that the dissolution was adopted by written consent, signed by members having not less than the minimum number of votes necessary to adopt the dissolution, as provided by this Act, the articles of incorporation, or the bylaws, in compliance with Section 107.10 of this Act. (b) When the provisions of this Section have been complied with, the Secretary of State shall file the articles of dissolution. (c) The dissolution is effective on the date of the filing of the articles thereof by the Secretary of State.