reglab/housing_qa huggingface dataset:
805 ILCS 5/7.30
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.30)Sec. 7.30. Voting lists. The officer or agent having charge of the transfer book for shares of a  corporation shall make, within 20 days after the record date for a meeting  of shareholders or 10 days before such meeting, whichever is earlier,  a complete list of the shareholders entitled to vote at such  meeting, arranged in alphabetical order, with the address of and the number  of shares held by each, which list, for a period of 10 days prior to such  meeting, shall be kept on file   and shall be subject to inspection by any shareholder, and to copying at  the shareholder's expense, at the registered office of the corporation at any time during  usual business hours or on a reasonably accessible electronic network, at the corporation's election. If the corporation determines to make the list available on an electronic network, the corporation may take reasonable steps to ensure that such information is available only to shareholders of the corporation. Such list shall also be produced and kept open at the  time and place of the meeting, or on a reasonably accessible electronic network if the meeting will be held solely by means of remote communication, and shall be subject to the inspection of any  shareholder during the whole time of the meeting. The original share ledger  or transfer book, or a duplicate thereof kept in this State, shall be prima  facie evidence as to who are the shareholders entitled to examine such list  or share ledger or transfer book or to vote at any meeting of shareholders.Failure to comply with the requirements of this Section shall not affect  the validity of any action taken at such meeting.An officer or agent having charge of the transfer books who shall fail  to prepare the list of shareholders, or keep the same on file for a period  of 10 days, or produce and keep the same open for inspection at the  meeting, as provided in this Section, shall be liable to any shareholder  suffering damage on account of such failure, to the extent of such damage.  (Source: P.A. 102-282, eff. 1-1-22.)
805 ILCS 5/7.35
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.35)Sec. 7.35.     Inspectors.     At any meeting of shareholders, the chairman of the meeting may, or upon  the request of any shareholder shall, appoint one or more persons as  inspectors for such meeting, unless an inspector or inspectors shall have  been previously appointed for such meeting in the manner provided by the  by-laws of the corporation.Such inspectors shall ascertain and report the number of shares  represented at the meeting, based upon their determination of the validity  and effect of proxies; count all votes and report the results; and do such  other acts as are proper to conduct the election and voting with  impartiality and fairness to all the shareholders.Each report of an inspector shall be in writing and signed by him or her or by  a majority of them if there be more than one inspector acting at such  meeting. If there is more than one inspector, the report of a majority  shall be the report of the inspectors. The report of the inspector or  inspectors on the number of shares represented at the meeting and the  results of the voting shall be prima facie evidence thereof.    (Source: P.A. 83-1025.)
805 ILCS 5/7.40
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.40)Sec. 7.40.     Voting of shares.(a) Subject to subsections (b), (c), and (d)  of this Section 7.40, each outstanding share, regardless of class, shall  be entitled to one vote in each matter submitted to a vote at a meeting  of shareholders, and except as specifically provided in Section 8.30,  in all elections for directors, every shareholder shall have the right to  vote the number of shares owned by such shareholder for as many persons  as there are directors to be elected, or to cumulate such votes and give  one candidate as many votes as shall equal the number of directors multiplied  by the number of such shares or to distribute such cumulative votes in any  proportion among any number of candidates.  A shareholder may vote either  in person or by proxy subject to the provisions of Section 7.50.(b) The articles of incorporation of any corporation incorporated after  December 31, 1981, may limit or eliminate cumulative voting rights in all  or specified circumstances, or may limit or deny voting rights or may provide  special voting rights as to any class or classes or series of shares of  such corporation.(c) A corporation may amend its articles of incorporation  to limit or eliminate cumulative voting rights in all or  specified circumstances, or to limit or deny voting rights or to provide  special  voting rights as to any class or classes or series of shares of such  corporation.(d) If the articles of incorporation provide for more or less than one  vote for any share on any matter, every reference in this Act to a majority or  other proportion greater than a majority of shares shall refer to that majority  or other proportion greater than a majority of the votes of the shares.    (Source: P.A. 89-48, eff. 6-23-95.)
805 ILCS 5/7.45
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.45)Sec. 7.45.     Voting of shares by certain holders.     Shares of  a corporation held by the corporation in a fiduciary capacity may be voted  and shall be counted in determining the total number of outstanding shares  entitled to vote at any given time.Shares registered in the name of another corporation, domestic or foreign,  may be voted by any officer agent, proxy or other legal representative authorized  to vote such shares under the law of incorporation of such corporation.  A corporation may treat the president or other person holding the position  of chief executive officer of such other corporation as authorized to vote  such shares, together with any other person indicated and any other holder  of an office indicated by the corporate shareholder to the corporation as  a person or an office authorized to vote such shares.  Such persons and  offices indicated shall be registered by the corporation on the transfer  books for shares and included in any voting list prepared in accordance  with Section 7.30 of this Act.Shares registered in the name of a deceased person, a minor ward or  a person under legal disability may be voted by his or her administrator,  executor, or court  appointed guardian, either in person or by proxy without a  transfer of such shares into the name of such administrator, executor,  or court appointed guardian. Shares registered in the name of a  trustee may be voted by him or her, either in person or by proxy.Shares registered in the name of a receiver may be voted by such receiver,  and shares held by or under the control of a receiver may be voted by such  receiver without the transfer thereof into his or her name if authority  so to do is contained in an appropriate order of the court by which such receiver  was appointed.A shareholder whose shares are pledged shall be entitled to vote such  shares until the shares have been transferred into the name of the pledgee,  and thereafter the pledgee shall be entitled to vote the shares so  transferred.    (Source: P.A. 83-1025.)
805 ILCS 5/7.55
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.55)Sec. 7.55.     Proxy solicitation.     No proxy shall be solicited by means  of any communication containing a statement which, at the time and in the  light of the circumstances under which it is made, is false or misleading  with respect to any material fact, or which omits to state any material  fact necessary in order that the statements made not be false or misleading.    (Source: P.A. 83-1025.)
805 ILCS 5/7.60
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.60)Sec. 7.60.     Quorum of shareholders.     Unless otherwise provided in the articles of incorporation, a majority  of votes of the shares, entitled to vote on a matter,  represented in  person or by proxy, shall  constitute a quorum for consideration of such matter at a meeting of  shareholders,  but in no event shall a  quorum consist of less than one-third of the votes of the  shares entitled  so to vote. If a  quorum is present, the affirmative vote of the majority of the votes of the  shares  represented at the meeting and entitled to vote on a matter shall be the  act of the shareholders, unless a greater number of votes or voting by classes  is required by  this Act or  the articles of incorporation.  The articles of incorporation may require  any number or percent greater than a majority of votes up to and including  a requirement  of unanimity to constitute a quorum.    (Source: P.A. 89-48, eff. 6-23-95.)
805 ILCS 5/7.65
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.65)Sec. 7.65.     Voting trust.(a) One or more shareholders may create a voting trust for the purpose of conferring upon  a trustee or trustees the right to  vote or otherwise represent their shares  for a stated duration, which may be perpetual or for a fixed period or may be  determined by the occurrence of a stated condition or conditions, by entering into a written voting trust agreement specifying the  terms and conditions of the voting trust, and by transferring the subject shares  to such trustee or trustees pursuant to the  agreement.  If the agreement or any amendment thereto does not contain a stated duration,  the trust shall terminate 10 years after the agreement first became  effective.(b) No voting trust agreement shall be  effective until a counterpart of the  agreement is deposited at the corporation's registered office. The  counterpart of the voting trust agreement so deposited  shall be subject to examination as provided in  Section 7.75 by any  holder of a beneficial interest in the voting trust as if that holder were a  shareholder.(c) The rule against perpetuities does not apply to any voting trust  created in accordance with this Section.(d) Every voting trust agreement entered into pursuant to this Section is  specifically enforceable in accordance with the principles of equity.(e) The changes made by this amendatory Act of the 91st General Assembly  apply only to voting trust agreements that are:(1) entered into after the effective date of this     amendatory Act of the 91st General Assembly; or(2) amended after the effective date of this     amendatory Act of the 91st General Assembly to include a stated duration in accordance with subsection (a).   (Source: P.A. 91-527, eff. 1-1-00.)
805 ILCS 5/7.70
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.70)Sec. 7.70.     Voting agreements.     (a) Shareholders may provide for the  voting of their shares by signing an agreement for that purpose.  A voting  agreement created under this Section is not subject to the provisions of Section 7.65.(b) A voting agreement created under this Section is specifically enforceable  in accordance with the principles of equity.    (Source: P.A. 83-1025.)
805 ILCS 5/7.71
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.71)Sec. 7.71.     Shareholder agreements.(a) Shareholders may unanimously agree in writing as to matters  concerning the management of a corporation provided no fraud or apparent  injury to the public or creditors is present, and no clearly prohibitory  statutory language is violated.(b) An agreement created pursuant to this Section is ineffective against  any shareholder not a party to the agreement unless:(1) such shareholder had actual knowledge of the     agreement at the time of becoming a shareholder; or(2) the existence of the agreement is conspicuously     referred to (i) on the certificate representing the security; or (ii) on the notice sent pursuant to Section 6.35 in the case of any uncertificated security.(c) No agreement created pursuant to this Section shall be invalid as  between the parties thereto, or shall subject employees, officers,  directors or shareholders to personal liability for corporation  liabilities, on the basis that the agreement:(1) is an attempt to treat the corporation as if it     were a partnership or to arrange the shareholders' relationship in a manner that would be appropriate only between partners; or(2) so relates to the conduct of the affairs of the     corporation as to interfere with the discretion of the board of directors.(d) Any agreement created pursuant to this Section is specifically  enforceable in accordance with the principles of equity.(e) This Section is cumulative and does not limit any statute or rule  of common law that is otherwise applicable to any corporation, whenever formed.    (Source: P.A. 86-1328.)
805 ILCS 5/7.80
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

 (from Ch. 32, par. 7.80)Sec. 7.80.     Provisions relating to actions by shareholders.     (a) No  action shall be brought in this State by a shareholder in the right of a  domestic or foreign corporation unless the plaintiff was a shareholder of  record at the time of the transaction of which  he or she complains, or his or her shares or voting trust certificates thereafter  devolved upon him or her by operation of law from a person who was a holder  at such time; provided, however, that a shareholder who does not meet such  requirement may nevertheless be allowed in the discretion of the court to  bring such action on a preliminary showing to and determination by the court,  upon motion and after a hearing at which the court may consider such evidence  by affidavit or testimony as it deems material, that plaintiff acquired  the shares before there was disclosure to the public or to the plaintiff  of the wrongdoing of which plaintiff complains.(b) A complaint in a proceeding brought in the right of a corporation  must allege with particularity the demand made, if any,  to obtain action by the directors and either why the complainant could not  obtain the action or why he or she did not make the demand.  If a demand  for action was made and the corporation's investigation of the demand is  in progress when the proceeding is filed, the court may stay the suit for  thirty days or until the investigation is completed, whichever is less.(c) A proceeding commenced under this Section may not be discontinued  or settled without the court's approval.  If the court determines that a  proposed discontinuance or settlement will substantially affect the interest  of the corporation's shareholders or a class of shareholders, the court  may direct that notice be given the shareholders affected.    (Source: P.A. 83-1025.)
805 ILCS 5/7.90
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 7 - Shareholders

(805 ILCS 5/7.90)Sec. 7.90. Waiver.(a)  Unless otherwise provided in the articles of incorporation, a shareholder who executes and delivers to the corporation a written instrument irrevocably waiving the right (i) to vote any shares held by such shareholder, whether for the election of directors or otherwise, (ii) to be a director or officer of the corporation, and (iii) in any other manner to control, directly or indirectly, corporate actions or the election or removal of any director or officer of the corporation, and who at the time of such waiver is not a director or officer of the corporation, shall have no fiduciary duty to the corporation or any of its shareholders arising out of the fact that such person is a shareholder of the corporation.  No such waiver shall affect any breach of fiduciary duty arising prior to the effective date of the waiver.(b)  The corporation shall give prompt notice of such waiver to the remaining shareholders, except that no such notice need be given by a corporation that has shares listed on a national securities exchange or regularly traded in a market maintained by one or more members of a national or affiliated securities association.(c)  The waiver referred to in this Section shall not affect any other rights or obligations of the shareholder, including but not limited to the rights under Sections 7.80, 11.65, 11.70, 12.55 and 12.56 of this Act.(d)  Shares that cannot be voted because of a waiver under this Section shall not be counted in determining the number of shares necessary for a quorum or for shareholder action under Section 7.60 of this Act.  A waiver under this Section shall not apply to any transferee of the shares.(e)  The waiver referred to in this Section is specifically enforceable in accordance with the principles of equity.(f)  This Section is not intended to describe or suggest the circumstances under which any fiduciary duty arises or exists, including with respect to any shareholder who fails to make a waiver under this Section.         (Source: P.A. 94-394, eff. 8-1-05.)
805 ILCS 5/Art. 8 heading
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 8 - Directors And Officers

 ARTICLE 8.      DIRECTORS AND OFFICERS
805 ILCS 5/8.05
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 8 - Directors And Officers

 (from Ch. 32, par. 8.05)Sec. 8.05.     Board of directors.(a) Except as provided in Article 2A of  this Act, each corporation  shall have a board of directors and the  business and affairs of the corporation shall be managed by or under the  direction of the board of directors.(b) The articles of incorporation or by-laws may prescribe qualifications  for directors.  A director need not be a resident of this State or a  shareholder  of the corporation unless the articles of incorporation or by-laws so  prescribe.(c) Unless otherwise provided in the articles of incorporation  or by-laws, the board of directors, by the affirmative vote of a majority  of the directors then in office, and irrespective of any personal interest  of any of its members, shall have authority to establish reasonable  compensation of all directors for services to the corporation as directors,  officers or otherwise, notwithstanding the provisions of Section 8.60.    (Source: P.A. 88-151.)
805 ILCS 5/8.15
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 8 - Directors And Officers

 (from Ch. 32, par. 8.15)Sec. 8.15.     Quorum of directors.     (a) A majority of the number of directors  fixed by the by-laws, or in the absence of a by-law fixing the number of  directors, the number stated in the articles of incorporation or named by  the incorporators, shall constitute a quorum for the transaction of business  unless a greater number is  specified by the articles of incorporation or the by-laws.(b) If a corporation has a variable range board of directors, a quorum  shall consist of a majority of the directors then in office, but not less  than a majority of the minimum number of directors specified for the variable  range of the board unless the articles of incorporation or by-laws specify  a greater number.(c) The act of the majority of the directors present at a meeting at which  a quorum is present shall be the act of the board of directors, unless the  act of a greater number is required by the articles of incorporation or the by-laws.(d) Unless specifically prohibited by the articles of incorporation or  by-laws, members of the board of directors or of any committee of the board  of directors may participate in and act at any meeting of such board or  committee through the use of a conference telephone or other communications  equipment by means of which all persons participating in the meeting can  hear each other.  Participation in such meeting shall constitute attendance and  presence in person at the meeting of the person or persons so  participating.    (Source: P.A. 83-1025.)
805 ILCS 5/8.20
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 8 - Directors And Officers

 (from Ch. 32, par. 8.20)Sec. 8.20.     Place of directors' meetings.     Regular or special  meetings of the board of directors may be held  either within or without this State.    (Source: P.A. 83-1025.)
805 ILCS 5/8.25
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 8 - Directors And Officers

 (from Ch. 32, par. 8.25)Sec. 8.25.     Notice of directors' meetings.     Meetings of the board of directors shall be held upon such notice as the  by-laws may prescribe. Attendance of a director at any meeting shall  constitute a waiver of notice of such meeting except where a director  attends a meeting for the express purpose of objecting to the transaction  of any business because the meeting is not lawfully called or convened.  Neither the business to be transacted at, nor the purpose of, any regular  or special meeting of the board of directors need be specified in the  notice or waiver of notice of such meeting.    (Source: P.A. 83-1025.)
805 ILCS 5/8.30
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 5/ - Business Corporation Act of 1983.|Article 8 - Directors And Officers

 (from Ch. 32, par. 8.30)Sec. 8.30.     Vacancies.     Any vacancy occurring  in the board of directors  and any directorship to be filled by reason of an increase in the number  of directors may be filled by election at an annual meeting or at a special  meeting of shareholders called for that purpose; provided, however, the  by-laws may provide a method for filling  vacancies arising between meetings of shareholders by reason of an increase  in the number of directors or otherwise, by director or shareholder action  and, in the absence of such a provision, the board of directors may fill  the vacancy.  A director elected by the shareholders to fill a vacancy shall  hold office for the balance of the term for which he or she was elected.  A director  appointed to fill a vacancy shall serve until the next meeting of shareholders  at which directors are to be elected.    (Source: P.A. 83-1025.)