805 ILCS 105/101.80
2021 Illinois Compiled Statutes|Chapter 805 - BUSINESS ORGANIZATIONS|805 ILCS 105/ - General Not For Profit Corporation Act of 1986.|Article 1 - General Provisions

(805 ILCS 105/101.80) (from Ch. 32, par. 101.80)Sec. 101.80. Definitions. As used in this Act, unless  the context otherwise requires, the words and phrases  defined in this Section shall have the meanings set forth  herein.(a) "Anniversary" means that day each year exactly one or  more years after:(1) The date of filing the articles of incorporation     prescribed by Section 102.10 of this Act, in the case of a domestic corporation;(2) The date of filing the application for authority     prescribed by Section 113.15 of this Act in the case of a foreign corporation;(3) The date of filing the statement of acceptance     prescribed by Section 101.75 of this Act, in the case of a corporation electing to accept this Act; or(4) The date of filing the articles of consolidation     prescribed by Section 111.25 of this Act in the case of a consolidation.(b) "Anniversary month" means the month in which the  anniversary of the corporation occurs.(c) "Articles of incorporation" means the original articles  of incorporation including the articles of incorporation of  a new corporation set forth in the articles of consolidation  or set forth in a statement of election to accept this Act,  and all amendments thereto, whether evidenced by articles of  amendment, articles of merger or statement of correction  affecting articles.  Restated articles of incorporation  shall supersede the original articles of incorporation and  all amendments thereto prior to the effective date of filing  the articles of amendment incorporating the restated  articles of incorporation.  In the case of a corporation  created by a Special Act of the Legislature, "Articles of  incorporation" means the special charter and any amendments  thereto made by Special Act of the Legislature or pursuant  to general laws.(d) "Board of directors" means the group of persons vested  with the management of the affairs of the corporation  irrespective of the name by which such group is designated.(e) "Bylaws" means the code or codes of rules adopted for  the regulation or management of the affairs of the  corporation irrespective of the name or names by which such  rules are designated.(f) "Corporation" or "domestic corporation" means a  domestic not-for-profit corporation subject to the  provisions of this Act, except a foreign corporation.(g) "Delivered," for the purpose of determining if any  notice required by this Act is effective, means:(1) Transferred or presented to someone in person;(2) Deposited in the United States mail addressed to     the person at his, her or its address as it appears on the records of the corporation, with sufficient first-class postage prepaid thereon;(3) Posted at such place and in such manner or     otherwise transmitted to the person's premises as may be authorized and set forth in the articles of incorporation or the bylaws; or(4) Transmitted by electronic means to the e-mail     address, facsimile number, or other contact information appearing on the records of the corporation as may be authorized or approved in the articles of incorporation or the bylaws.(h) "Foreign corporation" means a not-for-profit  corporation as defined and organized under the laws other  than the laws of this State, for a purpose or purposes for  which a corporation may be organized under this Act.(i) "Incorporator" means one of the signers of the original  articles of incorporation.(j) "Insolvent" means that a corporation is unable to pay  its debts as they become due in the usual course of the  conduct of its affairs.(k) "Member" means a person or any organization, whether  not for profit or otherwise, having membership rights in a  corporation in accordance with the provisions of its  articles of incorporation or bylaws.(l) "Net assets," for the purpose of determining the  authority of a corporation to make distributions, is equal  to the difference between the assets of the corporation and  the liabilities of the corporation.(m) "Not-for-profit corporation" means a corporation  subject to this Act and organized solely for one or more of  the purposes authorized by Section 103.05 of this Act.(n) "Registered office" means that office maintained by the  corporation in this State, the address of which is on file  in the office of the Secretary of State, at which any  process, notice or demand required or permitted by law may  be served upon the registered agent of the corporation.(o) "Special charter" means the charter granted to a  corporation created by special act of the Legislature  whether or not the term "charter" or "special charter" is  used in such special act.(p) Unless otherwise prohibited by the articles of incorporation or the bylaws  of the corporation, actions required to be "written", to be "in writing", to  have "written  consent", to have "written approval" and the like by or of members, directors,  or committee  members shall include any communication transmitted or received by electronic  means.  (Source: P.A. 96-649, eff. 1-1-10.)