Illinois General Assembly - Full Text of SB1285
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Full Text of SB1285  96th General Assembly



SB1285 Engrossed LRB096 03127 KTG 13143 b

1     AN ACT concerning business.
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4     Section 5. The General Not For Profit Corporation Act of
5 1986 is amended by changing Section 107.50 as follows:
6     (805 ILCS 105/107.50)  (from Ch. 32, par. 107.50)
7     Sec. 107.50. Proxies. A member entitled to vote may vote in
8 person or, unless the articles of incorporation or the bylaws
9 otherwise provide, by proxy executed in writing by the member
10 or by that member's duly authorized attorney-in-fact. No proxy
11 shall be valid after 11 months from the date of its execution,
12 unless otherwise provided in the proxy. Where directors, or
13 officers, or representatives are to be elected by members, the
14 bylaws may provide that such elections may be conducted by
15 mail, email, or other electronic means.
16 (Source: P.A. 84-1423.)