(805 ILCS 105/107.15) (from Ch. 32, par. 107.15)
Sec. 107.15.
Notice of members' meetings.
Written
notice stating the place, day, and hour of the meeting and,
in the case of a special meeting, the purpose or purposes
for which the meeting is called, shall be delivered not less
than 5 nor more than 60 days before the date of the meeting,
or in the case of a removal of one or more directors, a
merger, consolidation, dissolution or sale, lease or
exchange of assets not less than 20 nor more than 60 days
before the date of the meeting, by or at the direction of
the president, or the secretary, or the officer or persons
calling the meeting, to each member of record entitled to
vote at such meeting.
A residential cooperative not-for-profit corporation containing 50 or more
single family units
with individual unit legal descriptions based upon a recorded plat of a
subdivision
and located in a county with a population between 780,000
and 3,000,000 shall, in addition to the other requirements of this Section,
post notice of member's meetings in conspicuous places in the residential
cooperative at least 48 hours prior to the meeting of the members.
(Source: P.A. 91-465, eff. 8-6-99.)
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