(805 ILCS 5/2A.05) (from Ch. 32, par. 2A.05)
Sec. 2A.05.
Formation of a close corporation.
A close
corporation shall be formed in accordance with the provisions
of this Act, except its articles of incorporation shall contain
a heading stating that it is
being organized as a close corporation. A corporation organized
under the Professional Service Corporation Act or the Medical
Service Corporation Act, as such Acts are now or hereafter amended,
may become a close corporation if it complies with the requirements
of this Article.
(Source: P.A. 88-151.)
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