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Article

Merger, Consolidation or Plans of Exchange

  • 215 ILCS 5/156— Merger and consolidation permitted
  • 215 ILCS 5/156.1— Acquisition by exchange of stock permitted
  • 215 ILCS 5/157— Powers of company not enlarged
  • 215 ILCS 5/158— Resolutions for merger or consolidation or adoption of a plan of exchange
  • 215 ILCS 5/159— Vote of shareholders and policyholders
  • 215 ILCS 5/160— Execution of agreement or plan of exchange by domestic company
  • 215 ILCS 5/161— Approval and execution of agreement or plan of exchange by foreign or alien company
  • 215 ILCS 5/162— Certificate of Merger or Consolidation or Plan of Exchange and Certificate of Approval
  • 215 ILCS 5/163— Date merger or consolidation or plan of exchange effected
  • 215 ILCS 5/164— Removal of property of domestic, merged or consolidated company from this State
  • 215 ILCS 5/165— Recording of certificate of merger or consolidation
  • 215 ILCS 5/166— Effect of merger or consolidation
  • 215 ILCS 5/167— Rights of dissenting shareholders of domestic company
  • 215 ILCS 5/168— Rights of dissenting policyholder of domestic company
  • 215 ILCS 5/169— Rights of dissenting shareholders and policyholders of foreign or alien company
  • 215 ILCS 5/169.1— Effect of exchange under plan of exchange
  • 215 ILCS 5/169.2— Acquiring and acquired corporations under a plan of exchange to be separate
  • 215 ILCS 5/170— Transfer of deposits
  • 215 ILCS 5/171— Certificates of fees and commissions paid
  • 215 ILCS 5/172— Payment of fees to officer or director prohibited