805 ILCS 5/12.10

(805 ILCS 5/12.10) (from Ch. 32, par. 12.10)

Sec. 12.10. Voluntary dissolution by written consent of all shareholders. Dissolution of a corporation may be authorized by the unanimous consent in writing of the holders of all outstanding shares entitled to vote on dissolution.

Dissolution pursuant to this Section does not require any vote or action of the directors of the corporation.

(Source: P.A. 83-1025.)