(805 ILCS 5/10.05) (from Ch. 32, par. 10.05)
Sec. 10.05.
Authority to amend articles of incorporation.
(a) A corporation
may amend its articles of incorporation at any time and from time to time
to add a new provision or to change or remove an existing provision, provided
that the articles as amended contain only such provisions as are required
or permitted in original articles of incorporation at the time of amendment.
The articles as amended must contain all the provisions required by subsection
(a) of Section
2.10 except that the names and addresses of the initial directors
may be omitted and the name of the initial registered agent or
the address
of the initial registered office may be omitted if a statement
of change is on
file.
(b) A corporation whose period of duration as provided in the articles
of incorporation has expired may amend its articles of incorporation to
revive its articles and extend the period of corporate duration, including
making the duration perpetual, at any time within 5 years after the date
of expiration.
(Source: P.A. 91-464, eff. 1-1-00.)
|