Legal Question in Business Law in Illinois

Can a business entity be a member of the board of directors in an IL corporation?


Asked on 4/05/12, 9:58 am

1 Answer from Attorneys

A person who is sole proprietor of, or partner in, or manager or director of, one IL business, can be on the board of directors of another IL business entity which is a corporation. Otherwise, no, the business entity itself can not be a board member.

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Answered on 4/07/12, 2:51 pm


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