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Code · Illinois · Chapter 805 — BUSINESS ORGANIZATIONS · Act 317

Sec. 15. Purpose of limited worker cooperative association.

65 words·~1 min read·/il/chapter-805/act-317/15

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Sec. 15. Purpose of limited worker cooperative association.
(a)A limited worker cooperative association is an entity distinct from its members.
(b)A limited worker cooperative association may be organized for any lawful purpose, whether or not for profit.
(c)An association organized as a worker cooperative under this Act does not create a presumption that workers are employees of the association for any purposes.
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