Illinois Bar Journal

Articles on Business Corporation Act

New research commissioned to solve underrepresentation of females and minorities in corporate boardrooms

February
2020
Illinois Law Update
Page 14
Finding that women and minorities are largely underrepresented in positions of corporate authority, the General Assembly amended the Business Corporation Act of 1983 to require domestic corporations and foreign corporations with a principal executive office in Illinois to provide additional information about their board members and executive officers in their annual reports.

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