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Sen. Don Harmon
Filed: 4/3/2014
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1 | | AMENDMENT TO SENATE BILL 1098
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2 | | AMENDMENT NO. ______. Amend Senate Bill 1098 by replacing |
3 | | everything after the enacting clause with the following:
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4 | | "Section 5. The Business Corporation Act of 1983 is amended |
5 | | by changing Section 12.80 as follows:
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6 | | (805 ILCS 5/12.80) (from Ch. 32, par. 12.80)
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7 | | Sec. 12.80. Survival of remedy after dissolution. The |
8 | | dissolution
of a corporation either (1) by filing articles of |
9 | | dissolution in accordance
with Section 12.20 of this Act, (2) |
10 | | by the issuance of a
certificate of dissolution in accordance |
11 | | with Section 12.40 of this Act, (3) by
a judgment
of |
12 | | dissolution by a circuit court of this State, or (4) by
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13 | | expiration of
its period of duration, shall not take away nor |
14 | | impair any civil remedy
available to or against such |
15 | | corporation, its directors, or shareholders,
for any right or |
16 | | claim existing, or any liability accrued or incurred, either |