Comments: IL SB3438 | 2013-2014 | 98th General Assembly
Bill Title: Amends the Co-operative Act. Increases from 5 to 10 the number of shares for which a person may subscribe or control. Increases from $100 to $1,000 the maximum subscription price per share. Increase from $500 to $10,000 the maximum value of stock issued to any one shareholder. Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Passed) 2014-08-26 - Public Act . . . . . . . . . 98-1122 [SB3438 Detail]
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Passed) 2014-08-26 - Public Act . . . . . . . . . 98-1122 [SB3438 Detail]
Text: Latest bill text (Chaptered) [HTML]
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