Sec. 12.10. Voluntary dissolution by written consent of all shareholders.
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/il/chapter-805/act-5/12-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 12.10. Voluntary dissolution by written consent of all shareholders. Dissolution of a corporation may be authorized by the unanimous consent in writing of the holders of all outstanding shares entitled to vote on dissolution.
Dissolution pursuant to this Section does not require any vote or action of the directors of the corporation.