Illinois Compiled Statutes
805 ILCS 15/3 (2026)
The "Business Corporation Act of 1983", as heretofore or hereafter amended, and the Entity Omnibus Act shall be applicable to such corporations, including their organization, and they shall enjoy the powers and privileges and be subject to the duties, restrictions and liabilities of other corporations, except so far as the same may be limited or enlarged by this Act
✓ current as of May 2026
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(805 ILCS 15/3)
(from Ch. 32, par. 633)
Sec. 3.
The "Business Corporation Act of 1983", as heretofore or hereafter amended, and the Entity Omnibus Act
shall be applicable to such corporations, including their organization, and
they shall enjoy the powers and privileges and be subject to the duties,
restrictions and liabilities of other corporations, except so far as the
same may be limited or enlarged by this Act. If any provision of this Act
conflicts with the "Business Corporation Act of 1983" or the Entity Omnibus Act, this Act shall
take precedence.
(Source: P.A. 100-561, eff. 7-1-18.)
Notes of Decisions
Cited in 1
case, 1996–1996 · leading case: Berlin v. Sarah Bush Lincoln Health Ctr., 664 N.E.2d 337 (Ill. App. Ct. 1996).
Berlin v. Sarah Bush Lincoln Health Ctr., 664 N.E.2d 337 (Ill. App. Ct. 1996). “Under the Medical Corporation Act (805 ILCS 15/3 (West 1994)), first enacted in 1963, one or more persons licensed to practice medicine may form a corporation under the Business Corporation Act of 1983 (805 ILCS 5/1.”
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