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
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status