|
(13) Research.
|
(14) Agricultural.
|
(15) Horticultural.
|
(16) Soil improvement.
|
(17) Crop improvement.
|
(18) Livestock or poultry improvement.
|
(19) Professional, commercial, industrial, or trade |
association.
|
(20) Promoting the development, establishment, or |
expansion
of industries.
|
(21) Electrification on a cooperative basis.
|
(22) Telephone service on a mutual or cooperative |
basis.
|
(23) Ownership and operation of water supply |
facilities for
drinking and general domestic use on a |
mutual or cooperative basis.
|
(24) Ownership or administration of residential |
property on a
cooperative basis.
|
(25) Administration and operation of property owned on |
a
condominium basis or by a homeowner association.
|
(26) Administration and operation of an organization |
on a
cooperative basis producing or furnishing goods, |
services,
or facilities primarily for the benefit of its |
members who
are consumers of those goods, services, or |
facilities.
|
(27) Operation of a community mental health board or |
|
center
organized pursuant to the Community Mental Health |
Act for the purpose of
providing direct patient services.
|
(28) Provision of debt management services as |
authorized by the Debt
Management Service Act.
|
(29) Promotion, operation, and administration of a
|
ridesharing arrangement as defined in Section 1-176.1 of
|
the Illinois Vehicle Code.
|
(30) The administration and operation of an |
organization for the
purpose of assisting low-income |
consumers in the acquisition of utility and
telephone |
services.
|
(31) Any purpose permitted to be exempt from taxation |
under
Sections 501(c) or 501(d)
of the United States |
Internal Revenue Code,
as now in
or hereafter amended.
|
(32) Any purpose that would qualify for tax-deductible |
gifts under the
Section 170(c) of the United States |
Internal Revenue Code, as now
or hereafter amended. Any |
such purpose is deemed to be charitable
under subsection |
(a)(1) of this Section.
|
(33) Furnishing of natural gas on a cooperative basis.
|
(34) Ownership and operation of agriculture-based |
biogas (anaerobic digester) systems on a cooperative basis |
including the marketing and sale of products produced from |
these, including but not limited to methane gas, |
electricity, and compost. |
(b) A corporation may be organized hereunder to serve in an
|
|
area that adjoins or borders (except for any intervening
|
natural watercourse) an area located in an adjoining state
|
intended to be similarly served, and the corporation may
join |
any corporation created by the adjoining state having
an |
identical purpose and organized as a not-for-profit
|
corporation. Whenever any corporation organized under this
Act |
so joins with a foreign corporation having an identical
|
purpose, the corporation shall be permitted to do business
in |
Illinois as one corporation; provided (1) that the name,
bylaw |
provisions, officers, and directors of each
corporation are |
identical, (2) that the foreign corporation
complies with the |
provisions of this Act relating to the
admission of foreign |
corporation, and (3) that the Illinois
corporation files a |
statement with the Secretary of State
indicating that it has |
joined with a foreign corporation
setting forth the name |
thereof and the state of its incorporation.
|
(Source: P.A. 94-738, eff. 5-4-06.)
|
Section 99. Effective date. This Act takes effect upon |
becoming law.
|