Illinois General Assembly - Illinois Compiled Statutes

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215 ILCS 5/115

(215 ILCS 5/115) (from Ch. 73, par. 727)

(Section scheduled to be repealed on January 1, 2027)

Sec. 115.

Amended
certificate of authority.

(1) In the event that a foreign or alien company authorized to transact
business in this State changes its name or desires to transact in this
State a kind or kinds of business other than those it is then authorized to
transact, it shall file with the Director an application for an amended
certificate of authority.

(2) Such application shall comply as to form and manner of execution
with the requirements of this Article for an original application and shall
set forth the name of the company, the respects in which the company
desires its certificate of authority amended, and such other information as
is necessary or appropriate to enable the Director to determine whether
such an amended certificate of authority should be issued.

(3) The Director shall issue such amended certificate if he is satisfied
that

(a) the company might lawfully be authorized to

transact the kind or kinds of business it desires to transact if application for such authority were made in an original application; and

(b) the conditions provided for in Section 111 are

complied with.

(Source: Laws 1937, p. 696.)