Full Text of HB2992 101st General Assembly
HB2992 101ST GENERAL ASSEMBLY |
| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HB2992 Introduced , by Rep. André Thapedi SYNOPSIS AS INTRODUCED: |
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Amends the Business Corporation Act of 1983. Requires the Secretary of State to maintain a list of domestic and foreign corporations regulated
under the Public Utilities Act, the
Collateral Recovery Act, or the Personal Property Storage Act (rather than the Public Utilities Act), or specified provisions of the Illinois Vehicle Code (rather than both the Public Utilities Act and Chapter 18 of the Illinois Vehicle Code) that hold, as a prerequisite for doing
business in the State, any franchise, license, permit, or
right to engage in a business regulated by the Acts. Provides that each month the Secretary of State shall, by written notice,
advise the Chief Clerk of the Illinois Commerce Commission of:
any domestic corporation on the list that has been dissolved within the month; and
any foreign corporation on the list whose authority to do business in Illinois has
been revoked within the month. Provides that the Secretary of State and the Illinois Commerce
Commission may provide each other with this information in an electronic format, including records of the
Secretary of State that will provide the Illinois Commerce
Commission the information it requires under the statutes it
administers. Requires the provision of such information to begin as soon as practicable, but no later
than October 1, 2020. Makes similar changes to the General Not For Profit Corporation Act of 1986, the Limited Liability Company Act, the Uniform Partnership Act (1997), and the Uniform Limited Partnership Act (2001).
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| 1 | | AN ACT concerning business.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Business Corporation Act of 1983 is amended | 5 | | by changing Section 15.85 as follows:
| 6 | | (805 ILCS 5/15.85) (from Ch. 32, par. 15.85)
| 7 | | Sec. 15.85. Effect of nonpayment of fees or taxes.
| 8 | | (a) The Secretary
of State shall not file any articles, | 9 | | statements,
certificates, reports, applications, notices, or | 10 | | other papers relating to
any corporation, domestic or foreign, | 11 | | organized under or subject to the
provisions of this Act until | 12 | | all fees, franchise taxes, and charges provided
to be paid in | 13 | | connection therewith shall have been paid to him or her, or
| 14 | | while the corporation is in default in the payment of any fees, | 15 | | franchise
taxes, charges, penalties, or interest herein | 16 | | provided to be paid by
or assessed
against it, or when the | 17 | | Illinois Department of Revenue has given notice
that the | 18 | | corporation is in default in the filing of a return or the | 19 | | payment
of any final assessment of tax, penalty or interest as | 20 | | required by any tax
Act administered by the Department.
| 21 | | (b) The Secretary of State shall not file, with respect to | 22 | | any domestic
or
foreign corporation, any document required or | 23 | | permitted to be filed by this
Act, which has an effective date |
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| 1 | | other than the date of filing until there
has been paid by such | 2 | | corporation to the Secretary of State all fees, taxes
and | 3 | | charges due and payable on or before said effective date.
| 4 | | (c) No corporation required to pay a franchise tax, license | 5 | | fee,
penalty, or interest under this Act shall maintain any | 6 | | civil action until
all
such franchise taxes, license fees, | 7 | | penalties, and interest
have been paid in full.
| 8 | | (d) The Secretary of State shall, from information received | 9 | | from the
Illinois Commerce Commission, compile and keep a list | 10 | | of all domestic and
foreign corporations which are regulated | 11 | | pursuant to the provisions of the Public Utilities Act , or the | 12 | | Collateral Recovery Act, or the Personal Property Storage Act, | 13 | | or Chapter 18a, 18c, or 18d and Chapter 18 of the
Illinois | 14 | | Vehicle Code and which hold,
as a prerequisite for doing | 15 | | business in this State, any franchise, license,
permit, or | 16 | | right to engage in any business regulated by such Acts.
| 17 | | (e) Each month the Secretary of State shall, by written | 18 | | notice, advise the Chief Clerk of the Illinois Commerce | 19 | | Commission of: (i) any domestic corporation on the list | 20 | | maintained under subsection (d) that has been dissolved within | 21 | | the month; and (ii) any foreign corporation on the list | 22 | | maintained under subsection (d) whose authority to do business | 23 | | in Illinois has been revoked within the month. Within 10 days | 24 | | after any such corporation fails to pay a franchise
tax,
| 25 | | license fee, penalty, or interest required under this Act, the
| 26 | | Secretary shall, by
written notice, so advise the Secretary of |
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| 1 | | the Illinois Commerce Commission.
| 2 | | (f) The Secretary of State and the Illinois Commerce | 3 | | Commission may provide each other the information required | 4 | | under this Section in an electronic format, including, without | 5 | | limitation by means of such agreed access, those records of the | 6 | | Secretary of State that will provide the Illinois Commerce | 7 | | Commission the information it requires under the statutes it | 8 | | administers. The provision of information under this Section | 9 | | shall begin as soon as is practicable, but in no event later | 10 | | than October 1, 2020. | 11 | | (Source: P.A. 100-863, eff. 8-14-18.)
| 12 | | Section 10. The General Not For Profit Corporation Act of | 13 | | 1986 is amended by changing Section 115.85 as follows:
| 14 | | (805 ILCS 105/115.85) (from Ch. 32, par. 115.85)
| 15 | | Sec. 115.85. Effect of nonpayment of fees or taxes. (a) The
| 16 | | Secretary of State shall not file any articles, statements,
| 17 | | certificates, reports, applications, notices, or other
papers | 18 | | relating to any corporation, domestic or foreign,
organized | 19 | | under or subject to the provisions of this Act
until all fees | 20 | | and charges provided to be paid in connection
therewith shall | 21 | | have been paid to him or her, or while the
corporation is in | 22 | | default in the payment of any fees,
charges or penalties herein | 23 | | provided to be paid by or
assessed against it, or when the | 24 | | Illinois Department of Revenue has given
notice that the |
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| 1 | | corporation is in default in the filing of a return or the
| 2 | | payment of any final assessment of tax, penalty or interest as | 3 | | required by
any tax Act administered by the Department.
| 4 | | (b) The Secretary of State shall not file, with respect to
| 5 | | any domestic or foreign corporation, any document required
or | 6 | | permitted to be filed by this Act, which has an effective
date | 7 | | other than the date of filing until there has been paid
by such | 8 | | corporation to the Secretary of State all fees and
charges due | 9 | | and payable on or before said effective date.
| 10 | | (c) No corporation required to pay a penalty under this Act
| 11 | | shall maintain any civil action until all such penalties
have | 12 | | been paid in full.
| 13 | | (d) The Secretary of State shall, from information received | 14 | | from the Illinois Commerce Commission, compile and keep a list | 15 | | of all domestic and foreign corporations that are regulated | 16 | | pursuant to the provisions of the Public Utilities Act, or the | 17 | | Collateral Recovery Act, or the Personal Property Storage Act, | 18 | | or Chapter 18a, 18c, or 18d of the Illinois Vehicle Code and | 19 | | which hold, as a prerequisite for doing business in this State, | 20 | | any franchise, license, permit, or right to engage in any | 21 | | business regulated by such Acts. | 22 | | (e) Each month the Secretary of State shall, by written | 23 | | notice, advise the Chief Clerk of the Illinois Commerce | 24 | | Commission of: (i) any domestic corporation on the list | 25 | | maintained under subsection (d) that has been dissolved within | 26 | | the month; and (ii) any foreign corporation on the list |
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| 1 | | maintained under subsection (d) whose authority to do business | 2 | | in Illinois has been revoked within the month. | 3 | | (f) The Secretary of State and the Illinois Commerce | 4 | | Commission may provide each other the information required | 5 | | under this Section in an electronic format, including, without | 6 | | limitation by means of such agreed access, those records of the | 7 | | Secretary of State that will provide the Illinois Commerce | 8 | | Commission the information it requires under the statutes it | 9 | | administers. The provision of information under this Section | 10 | | shall begin as soon as is practicable, but in no event later | 11 | | than October 1, 2020. | 12 | | (Source: P.A. 86-381.)
| 13 | | Section 15. The Limited Liability Company Act is amended by | 14 | | changing Sections 35-30 and 45-36 as follows:
| 15 | | (805 ILCS 180/35-30)
| 16 | | Sec. 35-30. Procedure for administrative dissolution.
| 17 | | (a) After the Secretary of State determines that one or | 18 | | more grounds exist
under Section 35-25 for the administrative | 19 | | dissolution of a limited liability
company, the Secretary of | 20 | | State shall send a notice of delinquency by regular
mail to | 21 | | each delinquent limited liability company at its registered | 22 | | office or,
if the limited liability company has failed to | 23 | | maintain a registered office,
then to the last known address | 24 | | shown on the records of the Secretary of State
for the |
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| 1 | | principal place of business of the limited liability company.
| 2 | | (b) If the limited liability company does not correct
the | 3 | | default described in paragraphs (1) or (2) of Section 35-25 | 4 | | within 120 days following the date of the notice
of | 5 | | delinquency, the Secretary of State shall thereupon
dissolve | 6 | | the limited liability company by issuing a certificate of | 7 | | dissolution that
recites the grounds for dissolution and its | 8 | | effective date. If the limited liability company does not | 9 | | correct the default described in paragraphs (2.5), (3), (4), or | 10 | | (5) of Section 35-25 within 60 days following the notice, the | 11 | | Secretary of State shall dissolve the limited liability company | 12 | | by issuing a certificate of dissolution that recites the | 13 | | grounds for dissolution and its effective date. The Secretary | 14 | | of
State shall file the original of the certificate in his or | 15 | | her office and mail one
copy to the limited liability company | 16 | | at its registered office or, if the
limited liability company | 17 | | has failed to maintain a registered office, then to
the last | 18 | | known address shown on the records of the Secretary of State | 19 | | for the
principal place of business of the limited liability | 20 | | company.
| 21 | | (c) Upon the administrative dissolution of a limited | 22 | | liability company, a
dissolved limited liability company shall | 23 | | continue for only the purpose of
winding up its business. A | 24 | | dissolved
limited liability company may take all action | 25 | | authorized
under Section 1-30 or otherwise necessary or | 26 | | appropriate to wind up its
business and affairs and terminate.
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| 1 | | (d) The Secretary of State shall, from information received | 2 | | from the Illinois Commerce Commission, compile and keep a list | 3 | | of all domestic limited liability companies that are regulated | 4 | | pursuant to the provisions of the Public Utilities Act, or the | 5 | | Collateral Recovery Act, or the Personal Property Storage Act, | 6 | | or Chapter 18a, 18c, or 18d of the Illinois Vehicle Code and | 7 | | which hold, as a prerequisite for doing business in this State, | 8 | | any franchise, license, permit, or right to engage in any | 9 | | business regulated by such Acts. | 10 | | (e) Each month the Secretary of State shall, by written | 11 | | notice, advise the Chief Clerk of the Illinois Commerce | 12 | | Commission of any domestic limited liability company on the | 13 | | list maintained under subsection (d) that has been dissolved | 14 | | within the month. | 15 | | (f) The Secretary of State and the Illinois Commerce | 16 | | Commission may provide each other the information required | 17 | | under this Section in an electronic format, including, without | 18 | | limitation by means of such agreed access, those records of the | 19 | | Secretary of State that will provide the Illinois Commerce | 20 | | Commission the information it requires under the statutes it | 21 | | administers. The provision of information under this Section | 22 | | shall begin as soon as is practicable, but in no event later | 23 | | than October 1, 2020. | 24 | | (Source: P.A. 98-171, eff. 8-5-13; 98-776, eff. 1-1-15 .)
| 25 | | (805 ILCS 180/45-36) |
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| 1 | | Sec. 45-36. Procedure for revocation of admission. | 2 | | (a) After the Secretary of State determines that one or | 3 | | more grounds exist under Section 45-35 for the revocation of | 4 | | admission of a foreign limited liability company, the Secretary | 5 | | of State shall send a notice of delinquency by regular mail to | 6 | | each delinquent limited liability company at its registered | 7 | | office or, if the limited liability company has failed to | 8 | | maintain a registered office, then to the last known address | 9 | | shown on the records of the Secretary of State for the | 10 | | principal place of business. | 11 | | (b) If the limited liability company does not correct the | 12 | | default described in item (A) or (D) of paragraph (1) of | 13 | | subsection (a) of Section 45-35 within 120 days following the | 14 | | date of the notice of delinquency, the Secretary of State shall | 15 | | revoke the admission of the limited liability company by | 16 | | issuing a certificate of revocation that recites the grounds | 17 | | for revocation and its effective date. If the limited liability | 18 | | company does not correct the default described in item (B) or | 19 | | (E) of paragraph (1) or paragraph (2), (2.5), (3), or (4) of | 20 | | subsection (a) of Section 45-35 within 60 days following the | 21 | | notice, the Secretary of State shall revoke the admission of | 22 | | the limited liability company by issuing a certificate of | 23 | | revocation that recites the grounds for revocation and its | 24 | | effective date. The Secretary of State shall file the original | 25 | | of the certificate in his or her office and mail one copy to | 26 | | the limited liability company at its registered office or, if |
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| 1 | | the limited liability company has failed to maintain a | 2 | | registered office, then to the last known address shown on the | 3 | | records of the Secretary of State for the principal place of | 4 | | business. | 5 | | (c) Upon the issuance of a certificate of revocation, the | 6 | | admission of the limited liability company to transact business | 7 | | in this State shall cease and the revoked company shall not | 8 | | thereafter carry on any business in this State.
| 9 | | (d) The Secretary of State shall, from information received | 10 | | from the Illinois Commerce Commission, compile and keep a list | 11 | | of all foreign limited liability companies that are regulated | 12 | | pursuant to the provisions of the Public Utilities Act, or the | 13 | | Collateral Recovery Act, or the Personal Property Storage Act, | 14 | | or Chapter 18a, 18c, or 18d of the Illinois Vehicle Code and | 15 | | which hold, as a prerequisite for doing business in this State, | 16 | | any franchise, license, permit, or right to engage in any | 17 | | business regulated by such Acts. | 18 | | (e) Each month the Secretary of State shall, by written | 19 | | notice, advise the Chief Clerk of the Illinois Commerce | 20 | | Commission of any foreign limited liability company on the list | 21 | | maintained under subsection (d) whose admission to do business | 22 | | in Illinois has been revoked within the month. | 23 | | (f) The Secretary of State and the Illinois Commerce | 24 | | Commission may provide each other the information required | 25 | | under this Section in an electronic format, including, without | 26 | | limitation by means of such agreed access, those records of the |
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| 1 | | Secretary of State that will provide the Illinois Commerce | 2 | | Commission the information it requires under the statutes it | 3 | | administers. The provision of information under this Section | 4 | | shall begin as soon as is practicable, but in no event later | 5 | | than October 1, 2020. | 6 | | (Source: P.A. 98-171, eff. 8-5-13.) | 7 | | Section 20. The Uniform Partnership Act (1997) is amended | 8 | | by changing Section 1003 as follows:
| 9 | | (805 ILCS 206/1003)
| 10 | | Sec. 1003. Renewal statements.
| 11 | | (a) A limited liability partnership, and a foreign limited | 12 | | liability
partnership authorized to
transact business in this | 13 | | State, shall file a renewal statement in the Office
of
the | 14 | | Secretary of State
which contains:
| 15 | | (1) the name of the partnership;
| 16 | | (2) the street address of the partnership's chief | 17 | | executive office;
| 18 | | (3) the name and street address of the partnership's | 19 | | agent for service of
process;
| 20 | | (4) the
number of partners in the limited liability | 21 | | partnership;
| 22 | | (5) a brief statement of the business in which the | 23 | | partnership engages;
and
| 24 | | (6) if the partnership is a foreign limited liability |
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| 1 | | partnership, a
current certificate of status
in good | 2 | | standing as a registered limited liability partnership | 3 | | under the laws
of that state or
jurisdiction.
| 4 | | (b) Qualification as a limited liability partnership, | 5 | | whether pursuant to an original statement
or a renewal | 6 | | statement, is renewed if, during the 60 day period preceding | 7 | | the
date the initial
statement or renewal statement otherwise | 8 | | would have expired, the partnership
files with the
Secretary of | 9 | | State a renewal statement. A renewal statement expires one year
| 10 | | after the date an
original statement would have expired if the | 11 | | last renewal of the statement had
not occurred. Proof of the | 12 | | satisfaction of the Secretary of State that, prior to the | 13 | | expiration date, the renewal statement together with all fees | 14 | | prescribed by this Act was deposited in the United States mail | 15 | | in a sealed envelope, properly addressed, with postage prepaid, | 16 | | shall be deemed a compliance with this requirement. If the | 17 | | Secretary of State finds that the report conforms to the | 18 | | requirements of this Act, he or she shall file it. If the | 19 | | Secretary of State finds that it does not conform, he or she | 20 | | shall promptly return it to the limited liability partnership | 21 | | for any necessary corrections, in which event expiration will | 22 | | not occur if the statement is corrected to conform to the | 23 | | requirements of this Act and returned to the Secretary of State | 24 | | within 30 days of the date the report was returned for | 25 | | corrections.
| 26 | | (c) The Secretary of State shall renew the registration of |
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| 1 | | any limited
liability partnership of
any partnership that | 2 | | timely submits a renewal statement with the required fee.
| 3 | | (d) The Secretary of State shall, from information received | 4 | | from the Illinois Commerce Commission, compile and keep a list | 5 | | of all domestic and foreign limited liability partnerships that | 6 | | are regulated pursuant to the provisions of the Public | 7 | | Utilities Act, or the Collateral Recovery Act, or the Personal | 8 | | Property Storage Act, or Chapter 18a, 18c, or 18d of the | 9 | | Illinois Vehicle Code and which hold, as a prerequisite for | 10 | | doing business in this State, any franchise, license, permit or | 11 | | right to engage in any business regulated by such Acts. | 12 | | (e) Each month the Secretary of State shall, by written | 13 | | notice, advise the Chief Clerk of the Illinois Commerce | 14 | | Commission of any limited liability partnership on the list | 15 | | maintained under subsection (d) whose status as a limited | 16 | | liability partnership has expired within the month. | 17 | | (f) The Secretary of State and the Illinois Commerce | 18 | | Commission may provide each other the information required | 19 | | under this Section in an electronic format, including, without | 20 | | limitation by means of such agreed access, those records of the | 21 | | Secretary of State that will provide the Illinois Commerce | 22 | | Commission the information it requires under the statutes it | 23 | | administers. The provision of information under this Section | 24 | | shall begin as soon as is practicable, but in no event later | 25 | | than October 1, 2020. | 26 | | (Source: P.A. 95-368, eff. 8-23-07.)
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| 1 | | Section 25. The
Uniform Limited Partnership Act (2001) is | 2 | | amended by changing Sections 809 and 906 as follows: | 3 | | (805 ILCS 215/809) | 4 | | Sec. 809. Administrative dissolution. | 5 | | (a) The Secretary of State may dissolve a limited | 6 | | partnership administratively if the limited partnership does | 7 | | not, within 60 days after the due date: | 8 | | (1) pay any fee, tax, or penalty due to the Secretary | 9 | | of State under this Act or other law; | 10 | | (2) file its annual report with the Secretary of State; | 11 | | or | 12 | | (3) appoint and maintain an agent for service of | 13 | | process in Illinois after a registered agent's notice of | 14 | | resignation under Section 116. | 15 | | (b) If the Secretary of State determines that a ground | 16 | | exists for administratively dissolving a limited partnership, | 17 | | the Secretary of State shall file a record of the determination | 18 | | and send a copy of the filed record to the limited | 19 | | partnership's agent for service of process in this State, or if | 20 | | the limited partnership does not appoint and maintain a proper | 21 | | agent, to the limited partnership's designated office. | 22 | | (c) If within 60 days after service of the copy of the | 23 | | record of determination the limited partnership does not | 24 | | correct each ground for dissolution or demonstrate to the |
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| 1 | | reasonable satisfaction of the Secretary of State that each | 2 | | ground determined by the Secretary of State does not exist, the | 3 | | Secretary of State shall administratively dissolve the limited | 4 | | partnership by preparing, signing, and filing a declaration of | 5 | | dissolution that states the grounds for dissolution. The | 6 | | Secretary of State shall send a copy to the limited | 7 | | partnership's agent for service of process in this State, or if | 8 | | the limited partnership does not appoint and maintain a proper | 9 | | agent, to the limited partnership's designated office. | 10 | | (d) A limited partnership administratively dissolved | 11 | | continues its existence but may carry on only activities | 12 | | necessary or appropriate to wind up its activities under | 13 | | Sections 803 and 812 and to notify claimants under Sections 806 | 14 | | and 807. | 15 | | (e) The administrative dissolution of a limited | 16 | | partnership does not terminate the authority of its agent for | 17 | | service of process.
| 18 | | (f) The Secretary of State shall, from information received | 19 | | from the Illinois Commerce Commission, compile and keep a list | 20 | | of all domestic limited partnerships that are regulated | 21 | | pursuant to the provisions of the Public Utilities Act, or the | 22 | | Collateral Recovery Act, or the Personal Property Storage Act, | 23 | | or Chapter 18a, 18c, or 18d of the Illinois Vehicle Code and | 24 | | which hold, as a prerequisite for doing business in this State, | 25 | | any franchise, license, permit, or right to engage in any | 26 | | business regulated by such Acts. |
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| 1 | | (g) Each month the Secretary of State shall, by written | 2 | | notice, advise the Chief Clerk of the Illinois Commerce | 3 | | Commission of any domestic limited partnership on the list | 4 | | maintained under subsection (f) that has been dissolved within | 5 | | the month. | 6 | | (h) The Secretary of State and the Illinois Commerce | 7 | | Commission may provide each other the information required | 8 | | under this Section in an electronic format, including, without | 9 | | limitation by means of such agreed access, those records of the | 10 | | Secretary of State that will provide the Illinois Commerce | 11 | | Commission the information it requires under the statutes it | 12 | | administers. The provision of information under this Section | 13 | | shall begin as soon as is practicable, but in no event later | 14 | | than October 1, 2020. | 15 | | (Source: P.A. 97-839, eff. 7-20-12; 98-776, eff. 1-1-15 .) | 16 | | (805 ILCS 215/906)
| 17 | | Sec. 906. Revocation of certificate of authority. | 18 | | (a) A certificate of authority of a foreign limited | 19 | | partnership to transact business in this State may be revoked | 20 | | by the Secretary of State in the manner provided in subsections | 21 | | (b) and (c) if the foreign limited partnership does not: | 22 | | (1) pay, within 60 days after the due date, any fee, | 23 | | tax or penalty due to the Secretary of State under this Act | 24 | | or other law; | 25 | | (2) file, within 60 days after the due date, its annual |
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| 1 | | report required under Section 210; | 2 | | (3) appoint and maintain an agent for service of | 3 | | process in Illinois within 60 days after a registered | 4 | | agent's notice of resignation under Section 116; or | 5 | | (4) renew its alternate assumed name or apply to change | 6 | | its alternate assumed name under this Act when the limited | 7 | | partnership may only transact business within this State | 8 | | under its alternate assumed name. | 9 | | (b) If the Secretary of State determines that a ground | 10 | | exists for revoking the certificate of authority of a foreign | 11 | | limited partnership, the Secretary of State shall file a record | 12 | | of the determination and send a copy of the filed record to the | 13 | | foreign limited partnership's agent for service of process in | 14 | | this State, or if the foreign limited partnership does not | 15 | | appoint and maintain a proper agent, to the foreign limited | 16 | | partnership's designated office. | 17 | | (c) If within 60 days after service of the copy of the | 18 | | record of determination the foreign limited partnership does | 19 | | not correct each ground for revocation or demonstrate to the | 20 | | reasonable satisfaction of the Secretary of State that each | 21 | | ground determined by the Secretary of State does not exist, the | 22 | | Secretary of State shall revoke the certificate of authority of | 23 | | the foreign limited partnership by preparing, signing, and | 24 | | filing a declaration of revocation that states the grounds for | 25 | | the revocation. The Secretary of State shall send a copy of the | 26 | | filed declaration to the foreign limited partnership's agent |
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| 1 | | for service of process in this State, or if the foreign limited | 2 | | partnership does not appoint and maintain a proper agent, to | 3 | | the foreign limited partnership's designated office. | 4 | | (d) The authority of a foreign limited partnership to | 5 | | transact business in this State ceases on the date of | 6 | | revocation.
| 7 | | (e) The Secretary of State shall, from information received | 8 | | from the Illinois Commerce Commission, compile and keep a list | 9 | | of all foreign limited partnerships that are regulated pursuant | 10 | | to the provisions of the Public Utilities Act, or the | 11 | | Collateral Recovery Act, or the Personal Property Storage Act, | 12 | | or Chapter 18a, 18c, or 18d of the Illinois Vehicle Code and | 13 | | which hold, as a prerequisite for doing business in this State, | 14 | | any franchise, license, permit, or right to engage in any | 15 | | business regulated by such Acts. | 16 | | (f) Each month the Secretary of State shall, by written | 17 | | notice, advise the Chief Clerk of the Illinois Commerce | 18 | | Commission of any foreign limited partnership on the list | 19 | | maintained under subsection (e) whose authority to do business | 20 | | in Illinois has been revoked within the month. | 21 | | (g) The Secretary of State and the Illinois Commerce | 22 | | Commission may provide each other the information required | 23 | | under this Section in an electronic format, including, without | 24 | | limitation by means of such agreed access, those records of the | 25 | | Secretary of State that will provide the Illinois Commerce | 26 | | Commission the information it requires under the statutes it |
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| 1 | | administers. The provision of information under this Section | 2 | | shall begin as soon as is practicable, but in no event later | 3 | | than October 1, 2020. | 4 | | (Source: P.A. 97-839, eff. 7-20-12.)
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| 1 | |
INDEX
| 2 | |
Statutes amended in order of appearance
| | 3 | | 805 ILCS 5/15.85 | from Ch. 32, par. 15.85 | | 4 | | 805 ILCS 105/115.85 | from Ch. 32, par. 115.85 | | 5 | | 805 ILCS 180/35-30 | | | 6 | | 805 ILCS 180/45-36 | | | 7 | | 805 ILCS 206/1003 | | | 8 | | 805 ILCS 215/809 | | | 9 | | 805 ILCS 215/906 | |
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