610 ILCS 75/0.01
Short title
Short title. This Act may be cited as the Railroad Director Residence Act. (Source: P.A. 86-1324.)
Illinois · statute · 610 ILCS 75 · 3 active provisions
Short title. This Act may be cited as the Railroad Director Residence Act. (Source: P.A. 86-1324.)
In all cases where any railroad company organized and doing business under any law of this state by which it is required that a majority of the directors of such company shall reside in counties along the line of the road, such requirements shall be construed to require such majority of such directors to reside in some…
This Act does not apply to railroads incorporated after July 1, 1985, or to railroads which are reincorporated under the Business Corporation Act of 1983, as amended. (Source: P.A. 84-796.)