(805 ILCS 105/111.15) (from Ch. 32, par. 111.15)
Sec. 111.15.
Merger or consolidation by directors.
Where a corporation has no members or no members entitled to
vote on mergers or consolidations, a plan thereof shall be
adopted at a meeting of the board of directors upon
receiving the affirmative vote of a majority of the
directors in office.
(Source: P.A. 84-1423.)
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