(805 ILCS 305/7) (from Ch. 106 1/2, par. 107)
Sec. 7.
Articles of association may provide that a professional association
shall continue as a separate entity independent of its members, for all
purposes for such period of time as provided in the articles, or until
dissolved by a vote of 2/3 of the members, and shall continue
notwithstanding the death, legal disability
conviction for felony,
resignation, withdrawal, transfer of membership, retirement, or expulsion
of any one or more of the members (except the last surviving member), the
admission of or transfer of membership to any new member or members, or the
happening of any other event, which under the law of this State and under
like circumstances, would work a dissolution of a partnership. Articles may
provide that no member of a professional association shall have the power
to dissolve the association by his or her independent act of any kind.
(Source: P.A. 83-706.)
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