A. J. Wilhelmi
- Democratic
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.
Effective Date July 2, 2010
Governor Approved
Public Act . . . . . . . . . 96-0994
Sent to the Governor
Passed Both Houses
Third Reading - Short Debate - Passed 113-000-000
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Judiciary I - Civil Law Committee; 016-000-001
Assigned to Judiciary I - Civil Law Committee
First Reading
Chief House Sponsor Rep. John E. Bradley
Placed on Calendar Order of First Reading
Referred to Rules Committee
Arrived in House
Third Reading - Passed; 055-001-000
Placed on Calendar Order of 3rd Reading March 10, 2010
Second Reading
Do Pass Judiciary; 007-000-000
Placed on Calendar Order of 2nd Reading March 4, 2010
Assigned to Judiciary
First Reading
Referred to Assignments
Filed with Secretary by Sen. A. J. Wilhelmi
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act |
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