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

Sec. 20. Formation of limited worker cooperative association.

64 words·~1 min read·/il/chapter-805/act-317/20

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Sec. 20. Formation of limited worker cooperative association.
(a)A limited worker cooperative association must be organized by one or more organizers. Organizers need not be members of the worker cooperative association.
(b)To form a limited worker cooperative association, one or more organizers of the association shall deliver or cause to be delivered articles of organization to the Secretary of State for filing.
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