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SB1285 Engrossed |
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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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