ILLINOIS COOPERATIVE ACT House SponsorsRep. Will Guzzardi 1/10/2017HouseSession Sine Die New Act805 ILCS 310/Act rep. Creates the Illinois Cooperative Act. Repeals the Co-operative Act on January 1, 2020. Provides for the organization, operation, and regulation of cooperatives. Sets forth requirements for articles of incorporation, amendments, number of incorporators, and voting rights. Provides for regulation by the Secretary of State. Sets forth requirements for directors. Defines terms. Provides for liquidation, consolidation, and dissolution of cooperatives. 2/11/2016HouseFiled with the Clerk by Rep. Will Guzzardi 2/11/2016HouseFirst Reading 2/11/2016HouseReferred to Rules Committee 1/10/2017HouseSession Sine Die