REA-SULLIVAN-VIVERITO. (DAVIS,STEVE-KENNER) 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 END OF INQUIRY Full Text Bill Summary