Annual Minutes for an Illinois Professional Corporation - Illinois 2025

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The document IL-PC-CR provides sample corporate notices, resolutions, and stock ledger forms for Illinois Professional Service Corporations. It includes templates for special and annual meetings of directors and shareholders, waivers of notice, resolutions for shareholders and directors, a simple stock transfer ledger, and a stock certificate. The document serves as a guide for corporate governance documentation.
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A professional corporation may only engage in the rendering of one category of professional service or related professional services and may render such professional service or related professional services only through shareholders, directors, officers, agents and employees who are themselves duly licensed in that
When Should HOA Meeting Minutes be Distributed? HOA meeting minutes should typically be distributed to all HOA members within 30 days of the meeting.
Corporate meeting minutes typically include: The meetings date, time and location. A list of attendees and absentees, including any present board members or officers. Agenda items. Summaries of all discussion points. Details of all activities completed or agreed upon. Results of any votes or motions.
While regular corporations absolve shareholders from personal liability, professional corporations allow professionals to enjoy the benefit of corporations, while only limiting their personal liability in certain situations.
A professional corporation (abbreviated as PC), also known as a professional service corporation (abbreviated as PSC), is a type of corporation established by state statute that permits owners of certain licensed professions, such as attorneys, architects, engineers, accountants, and dentists, to own shares in a

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professional corporation. noun. : a corporation organized by one or more licensed individuals (as a doctor, dentist, or physical therapist) especially for the purpose of providing professional services and obtaining tax advantages.

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