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Code · Illinois · Chapter 805 — BUSINESS ORGANIZATIONS · Act 415

Sec. 108. Alternative means of approval of transactions.

48 words·~1 min read·/il/chapter-805/act-415/108

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Sec. 108. Alternative means of approval of transactions. Except as otherwise provided in the organic law or organic rules of a domestic entity, approval of a transaction under this Act by the unanimous vote or consent of its interest holders satisfies the requirements of this Act for approval.
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