State of Illinois
92nd General Assembly
Legislation

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92_SB0725sam001

 










                                           LRB9206483WHmbam02

 1                    AMENDMENT TO SENATE BILL 725

 2        AMENDMENT NO.     .  Amend Senate Bill 725  on  page  10,
 3    line 32 by inserting "business" after "and"; and

 4    on page 26, line 22 by changing "the" to "such"; and

 5    on page 28, by inserting after line 32 the following:
 6        "(l)  The changes to this Section made by this amendatory
 7    Act  of  the  92nd  General  Assembly  apply  only to actions
 8    commenced on or after the effective date of  this  amendatory
 9    Act of the 92nd General Assembly."; and

10    on page 51, line 18 by inserting "the" after "of"; and

11    on  page  52, lines 24 and 25, by changing "the provisions of
12    subdivision subsection" to "subsection"; and

13    on page 52, line 29, by changing "subdivision subsection"  to
14    "subsection"; and

15    on   page  54,  line  20  by  changing  "certificate  of"  to
16    "certificate of"; and

17    on  page  54,  line  31  by  changing  "certificate  of"   to
18    "certificate of"; and

19    on   page  54,  line  32  by  changing  "certificate  of"  to
20    "certificate of"; and
 
                            -2-            LRB9206483WHmbam02
 1    on  page  58,  line  26   by   inserting   "business"   after
 2    "respective"; and

 3    on page 87, line 13 by changing ".;" to ";"; and

 4    on  page  87,  by  replacing  lines  14  through  20 with the
 5    following:
 6        "(7)  Whether   the   corporation   is   a    condominium
 7    association  as  established  under  the Condominium Property
 8    Act, a cooperative housing corporation defined in Section 216
 9    of  the  Internal  Revenue  Code  of  1954  or  a   homeowner
10    association  which administers a common-interest community as
11    defined in subsection (c) of Section 9-102  of  the  Code  of
12    Civil Procedure."; and

13    on  page  93,  by  replacing  lines  14  through  22 with the
14    following:
15        "the office of the Secretary of State from the  corporate
16        name   or   assumed   corporate   name  of  any  domestic
17        corporation or limited liability company organized  under
18        the  Limited Liability Company Act, whether for profit or
19        not for profit, existing under any Act of this  State  or
20        the  name  or  assumed name of any foreign corporation or
21        foreign limited liability company  registered  under  the
22        Limited  Liability Company Act, whether for profit or not
23        for profit, authorized to transact  business  or  conduct
24        affairs  in  this State, or a name the exclusive right to
25        which is, at the time,  reserved  or  registered  in  the
26        manner  provided  in  this  Act  or  Section  1-15 of the
27        Limited Liability Company Act, except  that,  subject  to
28        the discretion of the"; and

29    on page 106, by inserting after line 20 the following:
30        "(k)  The changes to this Section made by this amendatory
31    Act  of  the  92nd  General  Assembly  apply  only to actions
32    commenced on or after the effective date of  this  amendatory
 
                            -3-            LRB9206483WHmbam02
 1    Act of the 92nd General Assembly."; and

 2    on  page  129, line 23 by changing "residential" to "business
 3    residential"; and

 4    by replacing lines 29 through 33 on page 129 and lines 1  and
 5    2 on page 130 with the following:
 6        "(f)  Whether    the   corporation   is   a   Condominium
 7    Association as established  under  the  Condominium  Property
 8    Act, a Cooperative Housing Corporation defined in Section 216
 9    of   the  Internal  Revenue  Code  of  1954  or  a  Homeowner
10    Association which administers a common-interest community  as
11    defined  in  subsection  (c)  of Section 9-102 of the Code of
12    Civil Procedure."; and

13    on page 135, line 10 by inserting after "1983" the following:
14    "or Section 104.05 of the General Not For Profit  Corporation
15    Act of 1986"; and

16    on page 148, line 12 by deleting "603,"; and

17    by  deleting  lines  27  through  33  on page 155 and lines 1
18    through 15 on page 156; and

19    on page 159, line 29 by changing "Sections 9-516, 9-519,  and
20    9-520" to "Section 9-519 and by adding Section 9-528"; and

21    by deleting lines 30 through 32 on page 159, all of pages 160
22    and 161, and lines 1 through 20 on page 162; and

23    by  replacing  lines  9  through  33  on page 165 and lines 1
24    through 6 on page 166 with the following:

25        "(810 ILCS 5/9-528 new)
26        Sec. 9-528.  Liability of filing  officer.   Neither  the
27    filing  officer  nor any of the filing officer's employees or
28    agents shall be subject to personal liability  by  reason  of
29    any  error  or  omission in the performance of any duty under
 
                            -4-            LRB9206483WHmbam02
 1    this Article  except  in  the  case  of  willful  and  wanton
 2    conduct."; and

 3    by deleting all of pages 167 through 170.

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