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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB1285
Introduced 2/10/2009, by Sen. Linda Holmes SYNOPSIS AS INTRODUCED:
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805 ILCS 105/107.50 |
from Ch. 32, par. 107.50 |
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Amends the General Not For Profit Corporation Act of 1986. Provides that voting members or their proxies, belonging to a not-for-profit corporation, may conduct elections for directors, officers, or representatives by mail, email, or other electronic means if the corporation's bylaws so provide (instead of conducting elections for directors and officers exclusively by first-class mail only).
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A BILL FOR
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SB1285 |
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LRB096 03127 KTG 13143 b |
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| AN ACT concerning business.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The General Not For Profit Corporation Act of |
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| 1986 is amended by changing Section 107.50 as follows:
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| (805 ILCS 105/107.50) (from Ch. 32, par. 107.50)
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| Sec. 107.50. Proxies. A member entitled to vote may
vote in |
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| person or, unless the articles of incorporation or
the bylaws |
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| otherwise provide, by proxy executed in writing
by the member |
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| or by that member's duly authorized attorney-in-fact.
No proxy |
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| shall be valid after 11 months from the
date of its execution, |
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| unless otherwise provided in the
proxy. Where directors, or |
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| officers, or representatives are to be elected by
members, the |
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| bylaws may provide that such elections may be
conducted by |
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| mail, email, or other electronic means.
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| (Source: P.A. 84-1423.)
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