91st General Assembly
Status of SB0567
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary


   805 ILCS 105/101.15       from Ch. 32, par. 101.15                          
   805 ILCS 105/110.05       from Ch. 32, par. 110.05                          

        Amends the General  Not  For  Profit  Corporation  Act  of  1986.      
   Provides  that a statement of correction may not alter a corporation's      
   articles of incorporation with respect  to  the  corporation  purpose.      
   Provides that amended articles of incorporation may omit (now, remove)      
   information  concerning  the initial directors, the initial registered      
   agent, and the initial registered office.                                   
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          805 ILCS 5/7.65                 from Ch. 32, par. 7.65               
          805 ILCS 210/108                from Ch. 106 1/2, par. 151-9         
        Amends the Business Corporation Act  of  1983  concerning  voting      
   trusts;  also  amends  the  Revised  Uniform  Limited  Partnership Act      
   concerning use of an assumed name.  Provides that a voting  trust  may      
   be  created  for  a  stated  duration, which may be perpetual or for a      
   fixed period or may be  determined  by  the  occurrence  of  a  stated      
   condition or conditions (rather than a period not exceeding 10 years).      
   Provides that if the agreement creating a voting trust does not con-        
   tain a stated duration, the trust shall terminate 10 years after the        
   agreement first became effective. Makes other changes. Makes changes        
   applicable only to voting trust agreements created after this               
   amendatory Act's effective date or amended after that date to include       
   a stated duration. Authorizes a limited partnership to adopt an assum-      
   ed name that does not contain the words "limited partnership" or the        
   abbreviation "L.P.". Provides that as used in the Act, "assumed name"       
   does not mean the use of a name of a division, not constituting a           
   separate limited partnership and not containing the words "limited          
   partnership" or an abbreviation of those words, provided that the           
   limited partnership also clearly discloses its true name.                   
   99-02-24  S  FIRST READING                                                  
   99-02-24  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-24  S       ASSIGNED TO COMMITTEE               ST GOVERN OPR         
   99-02-25  S  ADDED AS A CHIEF CO-SPONSOR              VIVERITO              
   99-03-04  S                                 POSTPONED                       
   99-03-11  S       DO PASS                             008-000-000   SGOA    
   99-03-11  S  PLACED ON CALENDAR ORDER OF 2ND READING  99-03-16              
   99-03-16  S  SECOND READING                                                 
   99-03-16  S  PLACED ON CALENDAR ORDER OF 3RD READING  99-03-17              
   99-03-18  S  THIRD READING - PASSED                   059-000-000           
   99-03-18  H  ARRIVE IN HOUSE                                                
   99-03-18  H  PLACED CALENDAR ORDER OF FIRST READING                         
   99-03-22  H  HOUSE SPONSOR                            DAVIS,STEVE           
   99-03-23  H  ADDED AS A JOINT SPONSOR                 KENNER                
   99-03-23  H  FIRST READING                                                  
   99-03-23  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-03-26  H       ASSIGNED TO COMMITTEE               JUD-CIVIL LAW         
   99-04-28  H                             AMENDMENT NO. 01-JUD-CIVIL LAW H    
   99-04-28  H                                   ADOPTED                       
   99-04-28  H  DO PASS AMENDED/SHORT DEBATE             010-000-000   HJUA    
   99-04-28  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   99-05-04  H  SECOND READING-SHORT DEBATE                                    
   99-05-04  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   99-05-05  H  THIRD READING/SHORT DEBATE/PASSED        116-001-000           
   99-05-06  S  SECRETARYS DESK - CONCURRENCE            01                    
   99-05-11  S  FILED WITH SECRETARY                                           
   99-05-11  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/REA                
   99-05-11  S                        MOTION REFERRED TO SRUL                  
   99-05-17  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/REA                
   99-05-17  S                           RULES REFERS TO SGOA                  
   99-05-18  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/REA                
   99-05-18  S                                BE ADOPTED SGOA/007-000-000      
   99-05-18  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/REA                
   99-05-18  S  SEN CONCURS IN HSE AMENDMENTS (NO.)      01/059-000-000        
   99-05-18  S  PASSED BOTH HOUSES                                             
   99-06-16  S  SENT TO THE GOVERNOR                                           
   99-08-13  S  GOVERNOR APPROVED                                              
   99-08-13  S                            EFFECTIVE DATE 00-01-01              
   99-08-13  S  PUBLIC ACT.............................. 91-0527               


 Full Text  Bill Summary