Illinois General Assembly - Full Text of SB0239
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Full Text of SB0239  96th General Assembly

SB0239sam001 96TH GENERAL ASSEMBLY

Sen. Heather Steans

Filed: 3/12/2009

 

 


 

 


 
09600SB0239sam001 LRB096 07539 KTG 23549 a

1
AMENDMENT TO SENATE BILL 239

2     AMENDMENT NO. ______. Amend Senate Bill 239 by inserting on
3 page 10, below line 4 the following:
4     (d) Any company operating or holding itself out as a
5 low-profit limited liability company in Illinois, any company
6 formed as a low-profit limited liability company under this
7 Act, and any chief operating officer, director, or manager of
8 any such company is a "trustee" as defined in Section 3 of the
9 Charitable Trust Act.".