New Worker Co-op Law Passed in Illinois

This month, the Limited Worker Cooperative Association Act was signed into law in Illinois:

The act creates the new Limited Worker Cooperative Association (LWCA) entity under Illinois state law, allowing worker co-op members to register their businesses in a legal form tailored to protect the essential features of worker ownership and control. The act also eliminates or reduces some major barriers for worker cooperatives to raise capital from their members and their communities. The law goes into effect on January 1, 2020.

You can read about it here. And if you’d like to make a donation to our ongoing crowdfund to reopen Fat Patties as a worker-owned co-op, click here.

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