Certain powers reserved to General Assembly

805 ILCS 5/1.55a
in effect
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(805 ILCS 5/1.55a) (from Ch. 32, par. 1.55a) Sec. 1.55a. Certain powers reserved to General Assembly. The General Assembly shall at all times have power to prescribe such provisions and limitations as it may deem advisable, which provisions and limitations shall be binding upon any and all corporations, domestic or foreign, subject to the provisions of this Act, and the General Assembly shall have power to amend, repeal, or modify this Act at pleasure. (Source: P.A. 85-1269.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026
805 ILCS 5/1.55a — Certain powers reserved to General Assembly | Illinois Compiled Statutes (Aug. 2026 snapshot) | Corpus