Is AI bias legal in Illinois?

Effective January 1, 2026, amendments to Article 5, Section 2 of the Illinois Human Rights Act (the "IHRA") will prohibit employers from using AI that subjects employees to discrimination on the basis of a protected class.

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Change Amount of Authorized Shares - Resolution Form - Corporate...

Shares Resolutions With Ai In Illinois

Category:

Corporations - Minutes and Resolutions - Actions

State:

Multi-State

Control #:

US-0034-CR

Format:

Instant download

Description

Form with which a corporation may alter the amount of outstanding shares issued by the corporation.

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Resolution (member): authority to allot a new class of shares: private and unlisted public companies. This document sets out two alternative forms of resolution authorising the directors of a private or public unlisted company to allot new shares of a separate class under section 551 of the Companies Act 2006.

What's included in a corporate resolution? Legal company identification. Company legal name. Title and purpose of the resolution. Signatures of the individual(s) designated to sign resolutions (typically a chairman) List of board members present at the meeting. Date, time, and location of a board meeting.

Shareholders holding at least $2,000 worth of stock in a publicly-traded company for at least three years prior to the filing deadline can introduce a resolution to company management to be voted on at the next annual meeting.

Special resolution preparation If a company wishes to issue additional shares to a new shareholder, all existing shareholders within the company must pass a special board resolution to that effect.

There are two options when using a Directors' Resolution to Issue Shares: if a meeting of the board of directors is convened to issue shares, use a Board Minutes to Issue Shares; or. if the board resolution will be passed by way of a written resolution, use a Board Resolution to Issue Shares.

What should shareholder resolutions include? Your corporation's name. Date, time and location of meeting. Statement that all shareholders agree to the resolution. Confirmation of the necessary quorum for business to be conducted. Names of shareholders present or voting by proxy. Number of shares for each voting shareholder.

This Shareholders' Ordinary Resolution - Authority to Allot New Shares gives the directors a general authority to allot shares up to a specified maximum and subject to an expiry date limited to a maximum of five years.

Effective January 1, 2026, amendments to Article 5, Section 2 of the Illinois Human Rights Act (the "IHRA") will prohibit employers from using AI that subjects employees to discrimination on the basis of a protected class.

In short: AI systems for certain uses will be prohibited. Certain AI systems will be designated as high-risk AI systems (HRAIS) and subject to extensive obligations, especially for providers. There will be specific provisions governing general purpose AI (GPAI) models. Other AI systems are considered low risk.

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Pritzker signed into law HB3733, which amends the Illinois Human Rights Act (IHRA) to cover employer use of artificial intelligence (AI). Illinois's new AI regulations under HB 3773 take effect on January 1, 2026, giving employers a limited window to prepare for compliance.Illinois HB 3773 requires employers to provide notice to applicants and employees that the employer is using AI for various employment decisions. The state passed a new law that will (further) regulate your use of artificial intelligence (AI) in employment decisionmaking. Employers in Illinois will soon need to (1) tell their employees and applicants when artificial intelligence (AI) is being used in employment. Shareholder remedies: non-public corporations.

Shares Resolutions With Ai In Illinois

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Is AI bias legal in Illinois?

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