Illinois General Assembly - Bill Status for HB5093

Synopsis As Introduced
Amends the Limited Liability Company Act. Provides that a limited liability company may revoke its termination within 90 days after the effective date of the termination, or longer if the limited liability company pays a penalty, if it has not begun to distribute its assets. Requires the limited liability company to file articles of revocation of termination. Sets forth the contents of the articles of termination. Provides that after filing the articles of revocation, the limited liability company may resume business as if the termination had never occurred.

Actions

Date	Chamber	Action
2/13/2020	House	Filed with the Clerk by Rep. Justin Slaughter
2/18/2020	House	First Reading
2/18/2020	House	Referred to Rules Committee
3/17/2020	House	Assigned to Labor & Commerce Committee
6/23/2020	House	Rule 19(b) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die

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