(110 ILCS 305/7d) (from Ch. 144, par. 28d)
Sec. 7d.
(a) The Board of Trustees may acquire, through merger, a
domestic not-for-profit corporation which is affiliated with the University
of Illinois and carries on athletic sports and promotes athletic interests
among students of the University. The Board of Trustees and the
not-for-profit corporation may accomplish the merger by adopting a plan of
merger setting forth:
(1) The names of The Board of Trustees of the University of Illinois and
the domestic not-for-profit corporation which propose to merge; and the
name of The Board of Trustees of the University of Illinois as the entity
into which they propose to merge, which is hereinafter designated as the
surviving corporation;
(2) The terms and conditions of the proposed merger; and
(3) Such other provisions with respect to the proposed merger as are
deemed necessary or desirable, including provisions, if any, under which
the proposed merger may be abandoned prior to the filing of Articles of
Merger in the office of the Secretary of State.
Adoption of the plan by the Board of Trustees shall be at a meeting of
the Trustees and by affirmative vote of a majority of the Trustees
who are qualified to vote.
(b)(1) Articles of Merger shall be executed by the
Board and the affiliated corporation and shall set forth:
(A) the name of each corporation;
(B) the plan of merger;
(C) as to the domestic not-for-profit corporation, a statement that the
plan was adopted at a meeting of members by the affirmative vote of the
members having not less than the minimum number of votes necessary to adopt
a plan, as provided in Section 111.20 of the General Not For Profit
Corporation Act of 1986, as now or hereafter amended, and the date of the meeting; and
(D) as to the Board of Trustees, a statement that the plan was adopted
at a meeting of Trustees by the affirmative vote of a majority of the
Trustees qualified to vote, and the date of the meeting.
(2) The Articles of Merger shall be filed in the office of the Secretary of State.
(c)(1) When the provisions of subsection (b) have been complied with, the
Secretary of State shall issue a Certificate of Merger. The merger shall
become effective upon the issuance of the Certificate of Merger by the
Secretary of State or on such later date, not more than 30 days after the
issuance of the Certificate by the Secretary of State, as may be provided for
in the plan.
(2) The Certificate of Merger, with a copy of the Articles of Merger
affixed thereto by the Secretary of State, shall be returned to the Board
of Trustees and such Certificate and Articles, or a copy thereof certified
by the Secretary of State, shall be filed for record in the office of the
Recorder of Champaign County.
(d) When such merger has been effected:
(1) The parties to the plan of merger shall be a single corporation
designated in the plan of merger as The Board of Trustees of the University
of Illinois, a body corporate and politic.
(2) The separate existence of the domestic not-for-profit corporation,
which has merged into The Board of Trustees of the University of Illinois, shall cease.
(3) The Board of Trustees of the University of Illinois as surviving
corporation shall possess all the rights, privileges, immunities and
franchises, of a public or private nature, of each of the
merging corporations; and all property, real, personal and mixed, and all
debts due on whatever account, and all other choses in action, and all and
every other interest, of or belonging to or due to each of the corporations
so merged, shall be taken and deemed to be transferred and vested in
The Board of Trustees of the University of Illinois,
without further act or deed; and the title to any real estate, or any
interest therein, and property held in trust or received by gift, bequest
or devise, vested in either of such corporations shall not revert or be in
any way impaired by reason of such merger.
The surviving corporation shall be governed by the laws applicable to a
body corporate and politic and shall not be governed by the General Not For
Profit Corporation Act of 1986.
(4) The Board of Trustees of the University of Illinois shall be
responsible and liable for all the liabilities and obligations of each of
the corporations so merged; and any claim existing or action or proceeding
pending by or against either of such corporations may be prosecuted to
judgment as if such merger had not taken place, or the surviving
corporation may be substituted in its place. Neither the rights of
creditors nor any liens upon the property of either of such corporations
shall be impaired by such merger.
(e) On the effective date of the merger, the employees of the merging
corporations shall be employees of the surviving corporation, credited with
earned vacation days and sick leave days accrued before the merger; and
every person who is employed by the domestic not-for-profit corporation in a
position which would be classified as a civil service position if it were
under the State Universities Civil Service System, and who has completed 6
months or more of service in the position, shall, without examination, be
certified in the State Universities Civil Service System in the
classification applicable to the position, and shall be entitled to
seniority in such University System from the date of employment in the
position by the domestic not-for-profit corporation. Any person who has
not completed 6 months of service in such a position on
the effective date of the merger shall be
required to meet the certifying requirements of the State Universities
Civil Service System before being certified. Persons exempt under Section
36e of "An Act to Create the State Universities Civil Service System",
approved May 11, 1905, as now or hereafter amended, shall not be covered by
the State Universities Civil Service System.
(Source: P.A. 86-6.)
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