(805 ILCS 105/116.05)
(from Ch. 32, par. 116.05)
Penalties imposed upon corporations.
Each corporation, domestic or foreign, that fails or refuses
to file its annual report prior to the first day of its
anniversary month shall pay a penalty of $3.
(b) Any corporation, domestic or foreign, failing to pay
the prescribed fee for assumed corporate name renewal when
due and payable shall be given notice of such nonpayment by
the Secretary of State by regular mail; and if such fee
together with a penalty fee of $5 is not paid within 90 days
after such notice is mailed, the right to use such assumed
name shall cease.
(c) Any corporation which (i) puts forth any sign or
advertisement, assuming any name other than that by
is incorporated or otherwise authorized by law to act or (ii) violates
Section 103.25, shall
be guilty of a Class C misdemeanor and shall be deemed
guilty of an additional offense for each day it shall
continue to so offend.
(d) Each corporation, domestic or foreign, that fails or
refuses (1) to answer truthfully and fully within the time
prescribed by this Act interrogatories propounded by the
Secretary of State in accordance with this Act, or (2) to
perform any other act required by this Act to be performed
by the corporation, is guilty of a Class C misdemeanor.
(e) Each corporation that fails or refuses to file articles of revocation of
dissolution within the time period prescribed by this Act is subject to a
penalty for each calendar month or part of the month that it is delinquent
in the amount of $25.00.
(Source: P.A. 91-906, eff. 1-1-01.)