(805 ILCS 125/2) (from Ch. 32, par. 199)
Sec. 2.
Hereafter whenever any corporation, association or society, not for
pecuniary profit, existing by virtue of any special law of this state,
shall desire to avail itself of the right to amend its special charter so
as to change its name, to change its place of business, to enlarge or
change the object for which it was formed, to enlarge or change its powers
in respect of owning, holding or using real or personal property or any
other of its powers, to vest in a single governing body of trustees,
directors or managers the corporate powers and other powers previously
vested in two or more governing bodies, to provide the method of
electing members of such governing body and their terms of office, to
empower such governing body to elect a chairman and any other officers and
to appoint committees, from its members, with such duties and powers as may
be assigned and delegated thereto by the governing body, to recognize and
give effect to changes in the name of any religious denomination or other
organization with which such corporation, association or society is
affiliated, or to increase or decrease the number of its trustees,
directors, or managers, as now authorized or may hereafter be authorized by
general law, or to elect its trustees, directors or managers without the
approval or ratification of the religious denomination or other
organization specified in its special charter, where the representatives of
such religious denomination or other organization shall have waived and
relinquished such right of consent, approval or ratification to the
election of its trustees, directors or managers, such amendment shall not
operate as a waiver, release or forfeiture of any of the other powers,
rights or privileges of such corporation, association or society granted to
or secured under and by virtue of such special charter.
However, if such corporation by virtue of its special charter or any
amendment thereto was granted any exemption or immunity from taxation in
respect of any amount of real estate or other property specified in such
special charter or amendment, nothing in this Act or any amendment to such
special charter authorized by this Act shall be construed to permit any
enlargement or increase of such amount of real estate or other property or
such exemption or immunity from taxation as provided in such special
charter or any amendment thereto.
(Source: Laws 1961, p. 460.)
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