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Asked in IL May 18, 2022 ,  0 answers
In the Will County, Illinois Statutes and what transfer deed section locates where a not for profit corporation can have board directors of the business to Quitclaim or transfer the real estate property?
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2 Answers

Anonymous
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Posted on / Nov. 13, 2017 19:44:00

This is very confusing. But if you mean where in a deed of conveyance would there be some recitation that the Board of Directors passed a resolution approving the transfer, that normally would be in the signature area. But there is specific language. Otherwise there should be a corporate resolution.

Anonymous
Reply

Posted on / Nov. 13, 2017 19:44:00

This is very confusing. But if you mean where in a deed of conveyance would there be some recitation that the Board of Directors passed a resolution approving the transfer, that normally would be in the signature area. But there is specific language. Otherwise there should be a corporate resolution.

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