reglab/housing_qa huggingface dataset:
805 ILCS 8/99-99
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 8/ - Franchise Tax and License Fee Amnesty Act of 2007.|Article 99 - Effective Date

(805 ILCS 8/99-99)Sec. 99-99. Effective date. This Act takes effect upon becoming law.  (Source: P.A. 95-233, eff. 8-16-07; 95-876, eff. 8-21-08.)
805 ILCS 40/Art. 1 heading
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 1 - General Provisions

   Article 1.  General Provisions  (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/1
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 1 - General Provisions

Sec. 1. Short title. This Act may be cited as the Benefit Corporation Act.  (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/1.05
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 1 - General Provisions

Sec. 1.05. Application and effect of the Act.(a)  This Act shall be applicable to all benefit corporations.(b)  The existence of a provision of this Act shall not of itself create an implication that a contrary or different rule of law is applicable to a corporation which is not a benefit corporation.  This Act shall not affect a statute or rule of law that is applicable to a business corporation that is not a benefit corporation.(c)  The Business Corporation Act of 1983, as heretofore or hereafter amended, shall be applicable to such benefit corporations, including their organization, and they shall enjoy the powers and privileges and be subject to the duties, restrictions, and liabilities of other corporations, except so far as the same may be limited or enlarged by this Act.  If any provision of this Act conflicts with the Business Corporation Act of 1983, this Act shall take precedence.(d)  A provision of the articles of incorporation or bylaws of a benefit corporation may not relax, be inconsistent with, or supersede a provision of this Act.    (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/Art. 2 heading
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 2 - Formation of Benefit Corporations

   Article 2.  Formation of Benefit Corporations  (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/2.01
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 2 - Formation of Benefit Corporations

Sec. 2.01. Formation of benefit corporations.   A benefit corporation must be formed in accordance with Article 2 of the Business Corporation Act of 1983 or be a foreign benefit corporation organized under the laws of another state and authorized to transact business in this State.  In addition to the formation requirements of that Act, the articles of incorporation of a benefit corporation must state that it is a benefit corporation in accordance with the provisions of this Article.  (Source: P.A. 102-282, eff. 1-1-22.)
805 ILCS 40/2.05
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 2 - Formation of Benefit Corporations

Sec. 2.05. Election of status.(a)  A corporation may become a benefit corporation under this Act by amending its articles of incorporation so that they contain a statement that the corporation is a benefit corporation.  In order to be effective, the amendment must be adopted by at least the minimum status vote.(b)  For any entity that is a party to a merger or consolidation or is the exchanging entity in a share exchange, where the surviving, new, or resulting entity in the merger, consolidation, or share exchange is intended to be a benefit corporation, such plan of merger, consolidation, or share exchange must be adopted by at least the minimum status vote in order to be effective.    (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/2.10
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 2 - Formation of Benefit Corporations

(805 ILCS 40/2.10)Sec. 2.10. Termination of status.(a)  A benefit corporation may terminate its status as such and cease to be subject to this Act by amending its articles of incorporation to remove the statement that the corporation is a benefit corporation. In order to be effective, the amendment must be adopted by at least the minimum status vote.(b)  If a plan of merger, conversion, or share exchange would have the effect of terminating the status of a corporation as a benefit corporation, in order to be effective, the plan must be adopted by at least the minimum status vote.(c)  A sale, lease, exchange or other disposition of all or substantially all of the assets of a benefit corporation, unless the transaction is in the usual and ordinary course of business, shall not be effective unless the transaction is adopted by at least the minimum status vote.    (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/Art. 3 heading
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 3 - Corporate Purposes

   Article 3.  Corporate Purposes  (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/3.01
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 3 - Corporate Purposes

(805 ILCS 40/3.01)Sec. 3.01. Corporate purposes.(a)  A benefit corporation shall have a purpose of creating general public benefit. This purpose is in addition to its purposes under Section 3.05 of the Business Corporation Act of 1983 and any specific purpose set forth in its articles of incorporation in accordance with subsection (b).(b)  The articles of incorporation of a benefit corporation may identify one or more specific public benefits the creation of which  is a purpose of the benefit corporation in addition to its purposes under Section 3.05 of the Business Corporation Act of 1983 and subsection (a). The identification of a specific public benefit under this subsection does not limit the obligation of a benefit corporation under subsection (a).(c)  The creation of general public benefit and specific public benefit under subsections (a) and (b) is in the best interests of the benefit corporation.(d)  A benefit corporation may amend its articles of incorporation to add, change, or remove a specific public benefit. In order to be effective, the amendment must be adopted by at least the minimum status vote.(e)  A professional corporation that is a benefit corporation does not violate Sections 3.4 or 6 of the Professional Service Corporation Act by having the purpose to create general public benefit or a specific public benefit.    (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/Art. 4 heading
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 4 - Accountability

   Article 4.  Accountability  (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/4.01
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 4 - Accountability

Sec. 4.01. Standard of Conduct for Directors.(a)  Without regard to whether the benefit corporation is subject to Section 8.85 of the Business Corporation Act of 1983, in discharging the duties of their respective positions, the board of directors, committees of the board, and individual directors of a benefit corporation in considering the best interests of the benefit corporation:(1)  shall consider the effects of any action upon:(A)  the shareholders of the benefit corporation;(B)  the employees and work force of the benefit         corporation, its subsidiaries, and its suppliers;(C)  the interests of customers as beneficiaries         of the general public benefit or specific public benefit purposes of the benefit corporation;(D)  community and societal considerations,         including those of each community in which offices or facilities of the benefit corporation, its subsidiaries or its suppliers are located;(E)  the local and global environment;(F)  the short-term and long-term interests of         the benefit corporation, including benefits that may accrue to the benefit corporation from its long-term plans and the possibility that these interests may be best served by the continued independence of the benefit corporation; and(G)  the ability of the benefit corporation to         accomplish its general public benefit purpose and any specific public benefit purpose; and(2)  may consider:(A)  considerations listed in Section 8.85 of the         Business Corporation Act of 1983; and(B)  any other pertinent factors or the interests         of any other group that they deem appropriate; but(3)  need not give priority to the interests of a     particular person or group referred to in paragraphs (1) or (2) over the interests of another person or group unless the benefit corporation has stated in its articles of incorporation its intention to give priority to certain interests related to its accomplishment of its general public benefit purpose or a specific public benefit purpose identified in its articles of incorporation.(b)  The consideration of interests and factors in the manner required by subsection (a) is in addition to the ability of directors to consider interests and factors as provided in Section 8.85 of the Business Corporation Act of 1983.(c)  A director is not personally liable for monetary damages for:(1)  any action taken as a director if the director     performed the duties of office in compliance with Article 8 of the Business Corporation Act of 1983 and this Section; or(2)  a failure of the benefit corporation to pursue     or create general public benefit or a specific public benefit.(d)  A director does not have a duty to a person that is a beneficiary of the general public benefit purpose or a specific public benefit purpose of a benefit corporation arising from the status of the person as a beneficiary.    (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/4.10
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 4 - Accountability

Sec. 4.10. Standard of conduct for officers.(a)  Each officer of a benefit corporation shall consider the interests and factors described in subsection (a) of Section 4.01 in the manner provided in that subsection if:(1)  the officer has discretion to act with respect     to a matter; and(2)  it reasonably appears to the officer that the     matter may have a material effect on the creation by the benefit corporation of general public benefit or a specific public benefit identified in the articles of incorporation by the benefit corporation.(b)  Exoneration from personal liability. An officer is not personally liable for monetary damages for:(1)  action taken as an officer if the officer     performed the duties of the position in compliance with this Section; or(2)  failure of the benefit corporation to pursue or     create general public benefit or specific public benefit.(c)  Limitation on standing. An officer does not have a duty to a person that is a beneficiary of the general public benefit purpose or a specific public benefit purpose of a benefit corporation arising from the status of the person as a beneficiary.    (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/4.15
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 4 - Accountability

Sec. 4.15. Benefit officer.(a)  A benefit corporation may have an officer designated as the benefit officer.(b)  A benefit officer shall have:(1)  powers and duties relating to the purpose of the     benefit corporation to create general public benefit or specific public benefit provided:(A)  by the bylaws of the benefit corporation; or(B)  absent controlling provisions in the bylaws,         by resolutions or orders of the board of directors; and(2)  the duty to prepare the benefit report required     by Section 5.01 of this Act.  (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/4.20
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 4 - Accountability

(805 ILCS 40/4.20)Sec. 4.20. Right of action; benefit enforcement proceeding.(a)  No person may bring an action or assert a claim against a benefit corporation or its directors or officers with respect to failure to pursue or create general public benefit or a specific public benefit set forth in its articles of incorporation or violation of a duty or standard of conduct under this Act except in a benefit enforcement proceeding.(b)  A benefit enforcement proceeding may be commenced or maintained only:(1)  directly by the benefit corporation; or(2)  derivatively by:(A)  a shareholder;(B)  a director;(C)  a person or group of persons that owns         beneficially or of record 5% or more of the equity interests in an entity of which the benefit corporation is a subsidiary; or(D)  other persons as specified in the articles         of incorporation or bylaws of the benefit corporation.(c)  A benefit corporation shall not be liable for monetary damages under this Act for any failure of the benefit corporation to pursue or create general public benefit or a specific public benefit.    (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 40/Art. 5 heading
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 40/ - Benefit Corporation Act.|Article 5 - Transparency

   Article 5.  Transparency  (Source: P.A. 97-885, eff. 1-1-13.)
805 ILCS 105/Art. 1 heading
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

 ARTICLE 1.      GENERAL PROVISIONS
805 ILCS 105/101.01
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

 (from Ch. 32, par. 101.01)Sec. 101.01.     Short title.     This Act shall be known and  may be cited as the "General Not For Profit Corporation Act  of 1986".    (Source: P.A. 84-1423.)
805 ILCS 105/101.05
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

 (from Ch. 32, par. 101.05)Sec. 101.05.     Powers of Secretary of State.     The  Secretary of State shall have the power and authority  reasonably necessary to administer this Act efficiently and  to perform the duties therein imposed.    (Source: P.A. 84-1423.)
805 ILCS 105/101.11
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

Sec. 101.11. Electronic filing. Documents or reports submitted for filing electronically must include the name of the person making the submission. The inclusion shall constitute the affirmation or acknowledgement of the person, under penalties of perjury, that the instrument is his or her act and deed or the act and deed of the corporation, as the case may be, and that the facts stated therein are true. Compliance with this Section shall satisfy the signature provisions of Section 101.10 of this Act, which shall otherwise apply.  (Source: P.A. 95-368, eff. 8-23-07.)
805 ILCS 105/101.15
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

 (from Ch. 32, par. 101.15)Sec. 101.15.     Statement of correction.(a) Whenever any  instrument authorized to be filed with the Secretary of  State under any provision of this Act has been so filed and,  as of the date of the action therein referred to, contains  any misstatement of fact, typographical error, error of  transcription or any other error or defect, or was  defectively or erroneously executed, such instrument may be  corrected by filing, in accordance with Section 101.10 of  this Act, a statement of correction.(b) A statement of correction shall set forth:(1) The name or names of the corporation or     corporations and the State or country under the laws of which each is organized.(2) The title of the instrument being corrected and     the date it was filed by the Secretary of State.(3) The inaccuracy, error or defect to be corrected     and the portion of the instrument in corrected form.(c) A statement of correction shall be executed in the same  manner in which the instrument being corrected was required  to be executed.(d) The corrected instrument shall be effective as of the  date the original instrument was filed.(e) A statement of correction shall not:(1) Effect any change or amendment of articles which     would not in all respects have complied with the requirements of this Act;(2) Take the place of any document, statement or     report otherwise required to be filed by this Act;(3) Affect any right or liability accrued or incurred     before such filing, except that any right or liability accrued or incurred by reason of the error or defect being corrected shall be extinguished by such filing if the person having such right has not detrimentally relied on the original instrument;(4) Alter the provisions of the articles of     incorporation with respect to the corporation name or purpose or the names and addresses of the incorporators or initial directors;(5) Alter the provisions of the application for     authority of a foreign corporation with respect to the corporation name;(6) Alter the provisions of the application to adopt     or change an assumed corporate name with respect to the assumed corporate name; or(7) Alter the wording of any resolution which was in     fact adopted by the board of directors or by the members entitled to vote.   (Source: P.A. 93-59, eff. 7-1-03.)
805 ILCS 105/101.20
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

 (from Ch. 32, par. 101.20)Sec. 101.20.         Certificates and certified copies of  certain documents to be received in evidence.  All  certificates issued by the Secretary of State in accordance  with the provisions of this Act and all copies of documents  filed in the Secretary's office in accordance with the  provisions of this Act when certified by him or her, shall  be taken and received in all courts, public offices, and  official bodies as prima facie evidence of the facts therein  stated.  A certificate by the Secretary of State under the  Great Seal of the State of Illinois, as to the existence or  nonexistence of the facts relating to corporations which  would not appear from a certified copy of any of the  foregoing documents or certificates shall be taken and  received in all courts, public offices, and official bodies  as prima facie evidence of the existence or nonexistence of  the facts therein stated.    (Source: P.A. 84-1423.)
805 ILCS 105/101.25
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

 (from Ch. 32, par. 101.25)Sec. 101.25. Lists of corporations; exchange of information.(a) The Secretary of  State shall include in his or her daily publication lists of  business corporations formed on that day as provided in  paragraph (1) of subsection (b) of Section 1.25 of the  Business Corporation Act of 1983 all not-for-profit  corporations formed on the day of publication of such lists and shall publish such information as open data pursuant to that subsection.(b) The Secretary of State shall include among information to be exchanged  with the Department of Healthcare and Family Services, as provided in subsection (c) of  Section 1.25 of the Business Corporation Act of 1983, information regarding all  not-for-profit corporations formed pursuant to this Act.(c) Public data sets made available pursuant to this Section are provided for informational purposes only.  The Secretary of State does not warrant the completeness, accuracy, content, or fitness for any particular purpose or use of any public data set made available on the web portal, nor are such warranties to be implied or inferred with respect to the public data sets furnished under this Act.(d)  The State is not liable for any deficiencies in the completeness, accuracy, content, or fitness for any particular purpose or use of any public data set or any third-party application utilizing such data set, unless such deficiencies are the result of willful or wanton action of the Secretary of State or its employees or agents.  (Source: P.A. 102-49, eff. 1-1-22.)
805 ILCS 105/101.30
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

 (from Ch. 32, par. 101.30)Sec. 101.30.     Abstract of corporate record.     (a)  The  Secretary of State may, upon receipt of a written request  and payment of a fee as determined by the Secretary, furnish to the  person or agency so requesting an abstract of the corporate  record of any domestic or foreign corporation licensed to  conduct affairs in the State of Illinois.  All requests for  abstracts shall be made in the manner and the form  prescribed by the Secretary of State.(b) The Secretary of State may certify an abstract of a  corporate record upon written request therefor.  The fee for  such certification shall be $5 in addition to the fee  required for furnishing an abstract of record as provided  herein.  Such certification shall be made under the  signature of the Secretary of State and shall be  authenticated by the Seal of his or her office.(c) The fees provided in this Section for abstracts of  corporate records and certifications of abstracts shall not  be applicable to any federal, state or local governmental  agency requesting such information or certification.    (Source: P.A. 84-1423.)
805 ILCS 105/101.35
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

 (from Ch. 32, par. 101.35)Sec. 101.35.         Interrogatories to be propounded by  Secretary of State.  The Secretary of State may propound to  any corporation, domestic or foreign, subject to the  provisions of this Act, and to any officer or director  thereof, such interrogatories as may be reasonably necessary  and proper to enable the Secretary to ascertain whether such  corporation has complied with all the provisions of this Act  applicable to such corporation.  Such interrogatories shall  be answered within thirty days after the mailing thereof, or  within such additional time as shall be fixed by the  Secretary of State, and the answers thereto shall be full  and complete and shall be made in writing and under oath.  If such interrogatories be directed to an individual they  shall be answered by him or her, and if directed to a  corporation they shall be answered by the president, vice-president,  secretary, or assistant secretary thereof.  The  Secretary of State need not file any document to which such  interrogatories relate until such interrogatories be  answered as herein provided, and not then if the answers  thereto disclose that such document is not in conformity  with the provisions of this Act.  The Secretary of State  shall certify to the Attorney General, for such action as  the Attorney General may deem appropriate, all  interrogatories and answers thereto which disclose a  violation of any of the provisions of this Act.    (Source: P.A. 84-1423.)