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| § 1 |
In order to promote, foster and encourage the intelligent and orderly … |
| § 2 |
Definitions and short title |
| § 3 |
Eleven (11) or more persons, a majority of whom are residents of this … |
| § 4 |
An association may be organized under this Act for the purpose of … |
| § 5 |
Every group of persons contemplating the organization of an … |
| § 6 |
Each association organized under this Act shall have the following … |
| § 7 |
Under the terms and conditions prescribed in the by-laws adopted by … |
| § 8 |
Each association organized under this Act, shall prepare and file … |
| § 9 |
The articles of incorporation may be altered or amended at any … |
| § 10 |
Each association incorporated under this Act must, within thirty (30) … |
| § 11 |
In the by-laws, each association shall provide for one or more … |
| § 12 |
The affairs of the association shall be managed by a board of not … |
| § 13 |
The directors shall elect from their number, a president, and one or … |
| § 14 |
Every officer, employee and agent handling funds or negotiable … |
| § 15 |
When a member of an association organized without capital stock, has … |
| § 15.1 |
An association may issue its shares of stock, having no par value, … |
| § 15.2 |
No association shall issue stock until it has been fully paid for. … |
| § 15.3 |
No member shall be liable for the debts of the association to an … |
| § 15.4 |
No stockholder of an association, organized hereunder, except an … |
| § 15.5 |
No member in any association without capital stock, shall be entitled … |
| § 15.6 |
Preferred stock may be sold to any person, member, or non-member, and … |
| § 15.7 |
An association may, at any time, except when the debts of the … |
| § 15.8 |
Limited Liability of directors |
| § 16 |
Any member may bring charges against an officer or director by filing … |
| § 17 |
Upon demand of one-third of the entire board of directors, made … |
| § 18 |
The association and its members may make and execute marketing … |
| § 19 |
(a) The by-laws or the marketing contract may fix, as liquidated … |
| § 20 |
Whenever an association, organized hereunder with preferred capital … |
| § 21 |
Each association formed or authorized to do business in Illinois … |
| § 22 |
Any provisions of law which are in conflict with this Act shall be … |
| § 23 |
An association may organize, form, operate, own, control, have an … |
| § 24 |
Any association may, upon resolution adopted by its board of … |
| § 25 |
Any co-operative association with or without capital stock as defined … |
| § 26 |
Any corporation or association organized under any general or special … |
| § 27 |
Any person who maliciously and knowingly spreads false reports about … |
| § 28 |
Any person, firm or corporation who solicits or persuades or permits … |
| § 29 |
No association as defined in this Act engaged in any of the … |
| § 30 |
If any section of this Act shall be declared unconstitutional for any … |
| § 31 |
Applicability of general corporation laws; mergers |
| § 32 |
Each year, within 6 months after the end of the association’s fiscal … |
| § 33 |
For filing articles of incorporation, an association organized … |
