• US Legal Forms

Special Meeting Sample With Replacement In Illinois

State:
Multi-State
Control #:
US-0017-CR
Format:
Word; 
Rich Text
Instant download

Description

Form with which the secretary of a corporation notifies all necessary parties of the date, time, and place of a special meeting of stockholders.


Form popularity

FAQ

Common elements of a state-required annual report include: Your business's name and address. Names and addresses of officers and directors (if a corporation) Names and addresses of managers or members (if an LLC) Name and address of your registered agent. Type of business your company is involved in.

Dissolving an HOA in Illinois involves a formal vote by the association members and adherence to the dissolution procedures in the governing documents and the Not-For-Profit Corporation Act of Illinois if applicable.

Annual Meeting Attendance of 20% of the voting power constitutes a quorum. Notice of association meetings must be given at least 10 days before a meeting but no more than 30 days, and at least 48 hours' notice must be given for meetings of the board of directors.

Specifically, Section 18.4 of the Illinois inium Property Act states that a inium board must "exercise the care required of a fiduciary of the unit owners." This duty is also set out in the Illinois General Not for Profit Corporation Act.

Form NumberForm NameFee LLC 50.1 Limited Liability Company Annual Report $75 LLC 50.25 LLC Request Form for Certificate of Good Standing and/or Copies of Documents LWCA 1.36 Illinois Limited Worker Cooperative Association Act Statement of Change of Registered Agent and/or Registered Office $2547 more rows

All Illinois business entities are required to file an annual report by the last day of the month prior to their anniversary month. So, if you formed your business on January 15, you would need to file your annual report by December 31.

If you fail to file a required annual or biennial report, you can face stiff penalties. These can range from fines imposed by the state to the state administratively dissolving or revoking your entity. Administrative dissolution means that you can no longer legally conduct business in a state.

A special meeting is a gathering of people that is called for a specific purpose or reason. It is different from a regular meeting because it is not scheduled in advance and is only held when necessary.

Noun. : a meeting held for a special and limited purpose. specifically : a corporate meeting held occasionally in addition to the annual meeting to conduct only business described in a notice to the shareholders.

Trusted and secure by over 3 million people of the world’s leading companies

Special Meeting Sample With Replacement In Illinois