(315 ILCS 20/12)
(from Ch. 67 1/2, par. 262)
Certificates of compliance.
Unless it shall be accompanied by the certificate of the Redevelopment
Commission, none of the following documents shall be filed by the Secretary
(1) Report of issuance of shares and increases in stated capital and
(2) Amendment of articles of incorporation.
(3) Statement of reduction or elimination of paid-in surplus pursuant to
Section 9.15 of the "Business Corporation Act of 1983".
The certificate of the Redevelopment Commission shall be in
substantially the following form:
"The Commission certifies that it has investigated the action of the
(here insert the name of the Neighborhood Redevelopment Corporation in
question) proposed in the attached document and finds that the requirements
of The Neighborhood Redevelopment Corporation Law have been complied with
by that corporation.
....(Naming city, town or village) Redevelopment Commission
Dated:....(Seal of Redevelopment Commission)
(Source: P.A. 83-1362.)