805 ILCS 310/18

All stock subscribed for shall be paid for within one year and in default thereof shall be forfeited with the payments made thereon to the society

Known as the Co-operative Act

The act spans §§ 805-310-1 to 805-310-9 (27 sections).

Laws 1915, p. 325.

All stock subscribed for shall be paid for within one year and in default thereof shall be forfeited with the payments made thereon to the society.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.