91st General Assembly
Summary of HB3943
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House Sponsors:

Short description: 
BUS ORG-NAME USE AFTER DISSOLV                                             

Synopsis of Bill as introduced:
        Amends various Acts relating to business  organizations.  Changes      
   registration  requirements for limited liability partnerships. Changes      
   the requirements for certificates filed to form a limited partnership.      
   Changes a provision permitting mergers of  limited  partnerships  with      
   limited  liability companies to permit mergers of limited partnerships      
   into one  limited  partnership.  Changes  requirements  for  executing      
   articles  of  merger  between  a  corporation  and a limited liability      
   company.  Changes  the  effect  of  administrative  dissolution  of  a      
   business    organization   (including   corporations,   not-for-profit      
   corporations, and limited liability companies)  and  revocation  of  a      
   business  organization's  certificate  of  authority  to  permit  that      
   organization to retain exclusive right to use of its name for 30 days.      
   Changes  the  effect  of  revocation of admission of a foreign limited      
   liability company to transact business in this  State  to  permit  the      
   company  to retain the exclusive right to use of its name for 30 days.      
   Deletes a provision that  states that  expedited  Secretary  of  State      
   services  are  not  available for a petition for refund or adjustment.      
   Makes other changes. Changes are effective January 1, 2001, except          
   that technical change to the Business Corporation Act of 1983 is            
   July 1, 2000.                                                               
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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