(805 ILCS 35/24) (from Ch. 32, par. 1024)
Sec. 24.
Except as otherwise provided in Section 25, all domestic
corporations organized for the purpose of carrying on business within this
State and all foreign corporations qualified to do business in Illinois,
including, without implied limitation, any railroad or transportation
corporation, and all trusts, are authorized to acquire, purchase, hold,
sell, assign, transfer, mortgage, pledge or otherwise dispose of any bonds,
securities, or other evidences of indebtedness created by, or the shares of
the capital stock of any corporation established by this Act and, while
owners of the stock, to exercise all the rights, powers and privileges of
ownership, including the right to vote thereon.
(Source: Laws 1965, p. 577.)
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