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SB 1466

Illinois - Session 104

Senate enacted 2025-08-01
Bill Details

Title: CORPORATION-INCORPORATION DATE

Summary

Amends the Business Corporation Act of 1983. Provides that the articles of incorporation of any corporation (currently, any corporation incorporated after December 31, 1981) may limit or eliminate cumulative voting rights in all or specified circumstances, or may limit or deny voting rights or may provide special voting rights as to any class or classes or series of shares of such corporation.

Sponsor
Julie A. Morrison
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2025-01-31 Introduced Bill introduced
2025-08-01 Status enacted
2025-08-01 Latest Action 8/01/2025 - Senate:
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