IL SB3387 | 2009-2010 | 96th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on July 2 2010 - 100% progression
Action: 2010-07-02 - Public Act . . . . . . . . . 96-0994
Text: Latest bill text (Enrolled) [HTML]

Summary

Amends the General Not For Profit Corporation Act of 1986. Provides that unless otherwise provided in the articles of incorporation or the bylaws, any action required by the Act to be taken at any annual or special meeting of the members entitled to vote, or any other action which may be taken at a meeting of members entitled to vote, may also be taken without a meeting and without a vote if a consent in writing, setting forth the action so taken, shall be approved by all the members entitled to vote. In connection with informal action taken by the directors, requires that a consent to such action be approved in writing (instead of signed) by all the directors. In provisions concerning a director's conflict of interest, provides that if a director is an officer or director of both parties to a transaction involving a grant or contribution, without consideration, from one entity to the other, that director is not "indirectly" a party to the transaction provided the director does not have a material financial interest in the entity that receives the grant or contribution (replacing an existing similar provision). Effective immediately.

Tracking Information

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Title

NON PROFIT CORP-MEMBR-DIRECTOR

Sponsors


Roll Calls

2010-04-28 - House - Third Reading in House (Y: 113 N: 0 NV: 1 Abs: 0) [PASS]
2010-03-10 - Senate - Third Reading in Senate (Y: 55 N: 1 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2010-07-02 Public Act . . . . . . . . . 96-0994
2010-07-02 Effective Date July 2, 2010
2010-07-02 Governor Approved
2010-05-27 Sent to the Governor
2010-04-28 Passed Both Houses
2010-04-28 Third Reading - Short Debate - Passed 113-000-000
2010-04-22 Placed on Calendar Order of 3rd Reading - Short Debate
2010-04-22 Second Reading - Short Debate
2010-04-21 Placed on Calendar 2nd Reading - Short Debate
2010-04-21 Do Pass / Short Debate Judiciary I - Civil Law Committee; 016-000-001
2010-03-22 Assigned to Judiciary I - Civil Law Committee
2010-03-12 Referred to Rules Committee
2010-03-12 First Reading
2010-03-12 Placed on Calendar Order of First Reading
2010-03-12 Chief House Sponsor Rep. John E. Bradley
2010-03-11 Arrived in House
2010-03-10 Third Reading - Passed; 055-001-000
2010-03-09 Placed on Calendar Order of 3rd Reading March 10, 2010
2010-03-09 Second Reading
2010-03-03 Placed on Calendar Order of 2nd Reading March 4, 2010
2010-03-03 Do Pass Judiciary; 007-000-000
2010-02-24 Assigned to Judiciary
2010-02-10 Referred to Assignments
2010-02-10 First Reading
2010-02-10 Filed with Secretary by Sen. A. J. Wilhelmi

Illinois State Sources


Bill Comments

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