Illinois General Assembly - Full Text of Public Act 098-0317
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Public Act 098-0317





Public Act 098-0317
HB1070 EnrolledLRB098 02904 MLW 32915 b

    AN ACT concerning business.
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
    Section 5. The General Not For Profit Corporation Act of
1986 is amended by changing Section 103.05 as follows:
    (805 ILCS 105/103.05)  (from Ch. 32, par. 103.05)
    Sec. 103.05. Purposes and authority of corporations;
particular purposes; exemptions.
    (a) Not-for-profit corporations may be organized under
this Act for any one or more of the following or similar
        (1) Charitable.
        (2) Benevolent.
        (3) Eleemosynary.
        (4) Educational.
        (5) Civic.
        (6) Patriotic.
        (7) Political.
        (8) Religious.
        (9) Social.
        (10) Literary.
        (11) Athletic.
        (12) Scientific.
        (13) Research.
        (14) Agricultural.
        (15) Horticultural.
        (16) Soil improvement.
        (17) Crop improvement.
        (18) Livestock or poultry improvement.
        (19) Professional, commercial, industrial, or trade
        (20) Promoting the development, establishment, or
    expansion of industries.
        (21) Electrification on a cooperative basis.
        (22) Telephone service on a mutual or cooperative
        (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
        (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
        (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.

Effective Date: 8/12/2013