Illinois General Assembly - Bill Status for SB1435
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 Bill Status of SB1435  95th General Assembly


Short Description:  BUS CORP-CORPORATE NAME

Senate Sponsors
Sen. Mattie Hunter - Jacqueline Y. Collins - Kwame Raoul

House Sponsors
(Rep. Sidney H. Mathias)

Last Action
DateChamber Action
  8/28/2007SenatePublic Act . . . . . . . . . 95-0507

Statutes Amended In Order of Appearance
805 ILCS 5/12.43 new
805 ILCS 105/112.43 new


Synopsis As Introduced
Amends the Business Corporation Act of 1983 and the General Not For Profit Corporation Act of 1986. Provides that the Secretary of State shall not allow another corporation to use the name of a domestic corporation that has been administratively dissolved until the end of the 5-year reinstatement period. Provides that if the domestic corporation that has been administratively dissolved is reinstated within the 5-year period of reinstatement, the domestic corporation shall continue under its previous name without impacting its continuous legal status, unless the corporation petitions to change its name upon reinstatement. Effective immediately.

Senate Floor Amendment No. 1
Provides that the Secretary of State shall not allow another corporation to use the name of a domestic corporation that has been administratively dissolved until 3 years have elapsed following the date of issuance of the certificate of dissolution (rather than until the end of a 5-year reinstatement period). Provides that, if a domestic corporation that has been administratively dissolved is reinstated within 3 years after the date of issuance of the certificate of dissolution (rather than within a 5-year period of reinstatement), the domestic corporation shall continue under its previous name.

Actions 
DateChamber Action
  2/9/2007SenateFiled with Secretary by Sen. Mattie Hunter
  2/9/2007SenateFirst Reading
  2/9/2007SenateReferred to Rules
  2/21/2007SenateAssigned to Judiciary Civil Law
  2/28/2007SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  3/1/2007SenateHeld in Judiciary Civil Law
  3/8/2007SenateHeld in Judiciary Civil Law
  3/14/2007SenateDo Pass Judiciary Civil Law; 009-000-000
  3/14/2007SenatePlaced on Calendar Order of 2nd Reading March 15, 2007
  3/22/2007SenateSecond Reading
  3/22/2007SenatePlaced on Calendar Order of 3rd Reading March 27, 2007
  3/30/2007SenateRule 2-10 Third Reading Deadline Established As May 31, 2007
  5/2/2007SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter
  5/2/2007SenateSenate Floor Amendment No. 1 Referred to Rules
  5/2/2007SenateSenate Floor Amendment No. 1 Rules Refers to Judiciary Civil Law
  5/3/2007SenateSenate Floor Amendment No. 1 Recommend Do Adopt Judiciary Civil Law; 006-000-003
  5/10/2007SenateAdded as Chief Co-Sponsor Sen. Kwame Raoul
  5/10/2007SenateRecalled to Second Reading
  5/10/2007SenateSenate Floor Amendment No. 1 Adopted; Hunter
  5/10/2007SenatePlaced on Calendar Order of 3rd Reading
  5/10/2007SenateThird Reading - Passed; 056-000-000
  5/14/2007HouseArrived in House
  5/14/2007HousePlaced on Calendar Order of First Reading
  5/15/2007HouseChief House Sponsor Rep. Sidney H. Mathias
  5/15/2007HouseFirst Reading
  5/15/2007HouseReferred to Rules Committee
  5/18/2007HouseAssigned to Judiciary I - Civil Law Committee
  5/18/2007HouseCommittee Deadline Extended-Rule 9(b) May 25, 2007
  5/25/2007HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 008-003-000
  5/25/2007HousePlaced on Calendar 2nd Reading - Short Debate
  5/29/2007HouseSecond Reading - Short Debate
  5/29/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/31/2007HouseThird Reading - Short Debate - Passed 116-000-000
  5/31/2007SenatePassed Both Houses
  6/29/2007SenateSent to the Governor
  8/28/2007SenateGovernor Approved
  8/28/2007SenateEffective Date August 28, 2007
  8/28/2007SenatePublic Act . . . . . . . . . 95-0507

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