Illinois General Assembly - Illinois Compiled Statutes

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805 ILCS 105/113.55

(805 ILCS 105/113.55) (from Ch. 32, par. 113.55)

Sec. 113.55.

Procedure for revocation of
authority.

(a) After the Secretary of State determines
that one or more grounds exist under Section 113.50 of this
Act for the revocation of authority of a
foreign corporation, he or she shall send by regular mail to
each delinquent corporation a Notice of Delinquency to its
registered office, or, if the corporation has failed to
maintain a registered office, then to the president or other
principal officer at the last known office of said officer.

(b) If the corporation does not correct the default within
90 days following such notice, the Secretary of State shall
thereupon revoke the authority of the
corporation by issuing a certificate of revocation that
recites the grounds for revocation and its effective date.
The Secretary of State shall file the original of the
 certificate in his or her office and mail one copy to the
corporation at its registered office
or, if the corporation has failed to maintain a registered office, then to
the president or
other principal officer at the last known office of said officer.

(c) Upon the issuance of the certificate of revocation, the
authority of the corporation to conduct affairs in this
State shall cease and such revoked corporation shall not
thereafter conduct any affairs in this State.

(Source: P.A. 96-66, eff. 1-1-10; 96-1121, eff. 1-1-11.)