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Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
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(805 ILCS 206/1102)
Sec. 1102.
Statement of foreign qualification.
(a) Before transacting or continuing to transact business in this State, a
foreign limited liability
partnership must file a statement of qualification or a renewal statement under
Section 1001;
provided, however, that the statement must contain:
(1) the name of the foreign limited liability | ||
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(2) the street address of the partnership's chief | ||
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(3) the name and street address of the partnership's | ||
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(4) a brief statement of the business in which the | ||
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(5) a deferred effective date, if any; and
(6) a document or documents sufficient under the laws | ||
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(b) A foreign partnership may not use an assumed or fictitious name in the
conduct of its
business to intentionally misrepresent the geographic origin or location of
the partnership.
This subsection (b) does not apply to any foreign limited liability
partnership that has gross
annual revenues in excess of $100,000,000.
(c) A person shall not advertise or cause to be listed in a
telephone directory an
assumed or fictitious business name that intentionally misrepresents where
the business is
actually located or operating or falsely states that the business is located
or operating in the
area covered by the telephone directory. This subsection (c) does not apply
to a telephone
service provider or to the publisher or distributor of a telephone
service directory, unless
the conduct prescribed in this subsection (c) is on behalf of that telephone
service provider or
that publisher or distributor.
This subsection (c) does not apply to any foreign limited liability
partnership that has gross
annual revenues in excess of $100,000,000.
(d) A foreign limited liability partnership that violates this Section
is guilty of a petty
offense and must be fined not less than $501 and not more than $1,000. A
foreign limited
liability partnership is guilty of an additional offense for each additional
day in violation of this
Section.
(e) The agent of a foreign limited liability partnership for service of
process
must be an
individual who is a resident of this State or other person authorized to do
business in this State.
(f) The status of a partnership as a foreign limited liability partnership
is effective on the later
of the filing of the statement of foreign qualification or a date specified in
the statement. The
status remains effective, regardless of changes in the partnership, unless the
partnership
voluntarily withdraws by filing a statement of withdrawal, in which event the
status of the
partnership as a foreign limited liability partnership shall terminate on the
date such statement is
filed or, if later, a date specified on the statement.
(g) An amendment or cancellation of a statement of foreign qualification is
effective when it is
filed or on a deferred effective date specified in the amendment or
cancellation.
(h) The Secretary of State shall register as a limited liability
partnership any foreign limited
liability partnership that submits a completed application with the required
fee.
(Source: P.A. 92-740, eff. 1-1-03.)
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