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Code · Illinois · Chapter 805 — BUSINESS ORGANIZATIONS · Act 105

Sec. 106.10. Evidence of contribution.

65 words·~1 min read·/il/chapter-805/act-105/106-10

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Sec. 106.10. Evidence of contribution. A contribution of a member may be evidenced by a written instrument delivered to the member, but such instrument shall not be denominated a "share of stock" or by any word or term implying that the instrument is a share as such term is used in the Business Corporation Act of 1983 as now in effect or as hereafter amended.
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