Illinois Compiled Statutes 215 ILCS 5/45 – Documents to be delivered to Director by incorporators
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Upon the execution of the articles of incorporation, there shall be delivered to the Director
(a) duplicate originals of the articles of
(a) duplicate originals of the articles of
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incorporation;
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(b) a copy of the by-laws adopted by the
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incorporators;
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(c) 2 organization bonds, or the cash or securities,
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provided for in Section 46;
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(d) the form of guaranty fund agreements and of
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guaranty capital shares, if any, as provided in Section 56 to be issued in connection with solicitation of surplus; and
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(e) the form of escrow agreement for the deposit of
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cash or securities.
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Terms Used In Illinois Compiled Statutes 215 ILCS 5/45
- Escrow: Money given to a third party to be held for payment until certain conditions are met.