Emanuel Chris Welch
- Democratic
Amends the Business Corporation Act of 1983, the General Not for Profit Corporation Act of 1986, and the Limited Liability Company Act. Requires a limited liability company (LLC) that has converted into a different entity to file a copy of the articles of conversion with the Secretary of State. Allows the Secretary of State to accept service of process for a domestic corporation or LLC that has dissolved, faces criminal charges, or has failed to appoint or maintain an agent or whose agent cannot be found. Requires the articles of incorporation of an LLC to specify the company's duration, making the duration perpetual if not specified. Provides that restated articles of incorporation supersede any previous articles or amendments. Expands the grounds for dissolution of an LLC or revocation of admission for a foreign LLC to failure to respond to interrogatories or failure to tender adequate payment to the Secretary of State. Creates a process for revoking a foreign LLC's right to admission. Effective July 1, 2013.
Governor Approved
Public Act . . . . . . . . . 98-0171
Effective Date August 5, 2013
Sent to the Governor
Third Reading - Passed; 053-000-000
Passed Both Houses
Added as Alternate Chief Co-Sponsor Sen. Ira I. Silverstein
Placed on Calendar Order of 3rd Reading April 25, 2013
Second Reading
Placed on Calendar Order of 2nd Reading April 18, 2013
Do Pass Judiciary; 010-000-000
Assigned to Judiciary
First Reading
Arrive in Senate
Placed on Calendar Order of First Reading
Chief Senate Sponsor Sen. Bill Cunningham
Referred to Assignments
Third Reading - Short Debate - Passed 111-000-000
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Added Chief Co-Sponsor Rep. Al Riley
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate State Government Administration Committee; 016-000-000
Assigned to State Government Administration Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Emanuel Chris Welch
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act |
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