In lieu of a meeting, director action may be taken by
consent in writing, pursuant to Section 108.45 of this Act.
(b) If the corporation has members, a first meeting of the
members may be held at the call of an officer or of a
majority of the directors, for such purposes as shall be
stated in the notice of the meeting.
If the corporation has members entitled to vote, then
in lieu of a meeting, member action may be taken by consent
in writing, pursuant to Section 107.10 of this Act.
(c) At least three days' written notice of an
organizational meeting shall be given unless the persons
entitled to such notice waive the same in writing, either
before or after such meeting. An organizational meeting may
be held either within or without this State.
(Source: P.A. 92-33, eff. 7-1-01.)