Except as otherwise provided in the organic law or organic rules of a domestic entity, approval of a transaction under this Act by the unanimous vote or consent of its interest holders satisfies the requirements of this Act for approval.
805 ILCS 415/108
Alternative means of approval of transactions
Known as the Entity Omnibus Act
The act spans §§ 805-415-101 to 805-415-110 (10 sections).
P.A. 100-561, eff. 7-1-18.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.