(805 ILCS 105/102.35) (from Ch. 32, par. 102.35)
Sec. 102.35.
Incorporation of an association or society.
(a) When an unincorporated association or society, organized for any of
the purposes for which a corporation could be formed under this Act,
authorizes the incorporation of the association or society by the same
procedure and affirmative vote of its voting members or delegates as its
constitution, bylaws, or other fundamental agreement requires for an
amendment to its fundamental agreement or, if no such vote is specified, by
a majority vote of the voting members present at a duly convened meeting the
purpose of which is stated in the notice of the meeting, then following the
filing of articles of incorporation under Section 102.10 setting forth
those facts and that the required vote has been obtained and upon the
filing of the articles of incorporation, the
association or society
shall become a corporation and the members of the association or society shall
become members of the corporation in accordance with provisions in the
articles to that effect.
(b) Upon incorporation, all the rights, privileges, immunities, powers,
franchise, authority, and property of the unincorporated association or
society shall pass to and vest in the corporation, and all obligations of
the unincorporated association or society shall become obligations of the
corporation.
(Source: P.A. 92-33, eff. 7-1-01.)
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