reglab/statecodes huggingface dataset:
2023 Illinois Compiled Statutes › Chapter 775 - HUMAN RIGHTS › 775 ILCS 55/ - Reproductive Health Act. › Article 910 - Amendments

(775 ILCS 55/Art. 910 heading)
Article 910.  Amendments
(Source: P.A. 101-13, eff. 6-12-19.)
(775 ILCS 55/910-5)
Sec. 910-5. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-10)
Sec. 910-10. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-15)
Sec. 910-15. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-20)
Sec. 910-20. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-25)
Sec. 910-25. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-30)
Sec. 910-30. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-35)
Sec. 910-35. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-40)
Sec. 910-40. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-45)
Sec. 910-45. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-50)
Sec. 910-50. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-53)
Sec. 910-53. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-55)
Sec. 910-55. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-60)
Sec. 910-60. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-65)
Sec. 910-65. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-70)
Sec. 910-70. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-73)
Sec. 910-73. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-75)
Sec. 910-75. (Amendatory provisions; text omitted).
(Source: P.A. 101-13, eff. 6-12-19; text omitted.)
(775 ILCS 55/910-995)
Sec. 910-995. No acceleration or delay. Where this Act makes changes in a statute that is represented in this Act by text that is not yet or no longer in effect (for example, a Section represented by multiple versions), the use of that text does not accelerate or delay the taking effect of (i) the changes made by this Act or (ii) provisions derived from any other Public Act.
(Source: P.A. 101-13, eff. 6-12-19.)
2023 Illinois Compiled Statutes › Chapter 775 - HUMAN RIGHTS › 775 ILCS 55/ - Reproductive Health Act. › Article 999 - Effective Date

(775 ILCS 55/Art. 999 heading)
Article 999.  Effective Date
(Source: P.A. 101-13, eff. 6-12-19.)
(775 ILCS 55/999-999)
Sec. 999-999. Effective date. This Act takes effect upon becoming law.
(Source: P.A. 101-13, eff. 6-12-19.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 5/ - Business Corporation Act of 1983. › Article 17 - Repealer

(805 ILCS 5/Art. 17 heading)
ARTICLE 17.  
		REPEALER
(805 ILCS 5/17.05) (from Ch. 32, par. 17.05)
Sec. 17.05. 
		
		"The Business Corporation Act", filed July 13, 1933,
as amended, is repealed.
(Source: P.A. 83-1025.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 8/ - Franchise Tax and License Fee Amnesty Act of 2007. › Article 1 - Short Title; Purpose

(805 ILCS 8/Art. 1 heading)
ARTICLE 1.  SHORT TITLE; PURPOSE
(Uncodified provisions; text omitted)
(Source: P.A. 95-233, eff. 8-16-07; text omitted.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 8/ - Franchise Tax and License Fee Amnesty Act of 2007. › Article 10 - Amendatory Provisions

(805 ILCS 8/Art. 10 heading)
ARTICLE 10.  AMENDATORY PROVISIONS
(Text omitted)
(Source: P.A. 95-233, eff. 8-16-07; text omitted.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 8/ - Franchise Tax and License Fee Amnesty Act of 2007. › Article 99 - Effective Date

(805 ILCS 8/Art. 99 heading)
ARTICLE 99.  EFFECTIVE DATE
(Source: P.A. 95-233, eff. 8-16-07.)
(805 ILCS 8/99-99)
Sec. 99-99. Effective date. This Act takes effect upon becoming law.
(Source: P.A. 95-233, eff. 8-16-07; 95-876, eff. 8-21-08.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 25/ - Corporation Canal Construction Act.

(805 ILCS 25/0.01) (from Ch. 32, par. 367.9)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
Corporation Canal Construction Act.
(Source: P.A. 86-1324.)
(805 ILCS 25/1) (from Ch. 32, par. 368)
Sec. 1. 
		
		That any company which has been or shall be
incorporated under the general law of this State for the purpose of
building, operating and maintaining within this State any levee, canal or
tunnel for agricultural, mining or sanitary purposes shall state in its
article of incorporation the places from and to which it is intended to
construct its proposed levees, canals or tunnels.
(Source: Laws 1897, p. 208.)
(805 ILCS 25/2) (from Ch. 32, par. 369)
Sec. 2. 
		
		If any such corporation shall be unable to agree with the owners
for the purchase of any real estate necessary for the purpose of its
incorporation, for right-of-way or any other lawful purpose connected with
or necessary to the construction, maintenance and operation of any works
within the scope of its incorporation, such corporation may acquire such
real estate in the manner that may be now or hereafter provided for by any
law of eminent domain.
(Source: Laws 1897, p. 208.)
(805 ILCS 25/2.05)
Sec. 2.05. Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject to, and shall be exercised in accordance with, the Eminent Domain Act.
(Source: P.A. 94-1055, eff. 1-1-07.)
(805 ILCS 25/3) (from Ch. 32, par. 370)
Sec. 3. 
		
		Such corporation shall have power-
First-To make such examination and survey for the proposed works as
may be necessary to the selection of the most advantageous route, and
for such purpose may enter, by its officers, agents and servants, upon
the land of any person or corporation, but subject to responsibility for
all damage caused thereby.
Second--To construct its levee, canal or tunnel across or under any
stream of water, waterway, highway, road, street or railroad, which the
route of such levee, canal or tunnel shall intersect or touch; but such
corporation shall restore the stream, waterway, highway, road, street or
railroad thus intersected or touched, to its former state, or to such
state as not to have impaired its usefulness, and shall keep such
crossing in repair: Provided, however, That nothing in this act shall be
construed or held to authorize the permanent obstruction of any
navigable stream or waterway.
(Source: Laws 1897, p. 208.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 40/ - Benefit Corporation Act. › Article 2 - Formation of Benefit Corporations

(805 ILCS 40/Art. 2 heading)
Article 2.  Formation of Benefit Corporations
(Source: P.A. 97-885, eff. 1-1-13.)
(805 ILCS 40/2.01)
Sec. 2.01. Formation of benefit corporations.   A benefit corporation must be formed in accordance with Article 2 of the Business Corporation Act of 1983 or be a foreign benefit corporation organized under the laws of another state and authorized to transact business in this State.  In addition to the formation requirements of that Act, the articles of incorporation of a benefit corporation must state that it is a benefit corporation in accordance with the provisions of this Article.
(Source: P.A. 102-282, eff. 1-1-22.)
(805 ILCS 40/2.05)
Sec. 2.05. Election of status.
(a)  A corporation may become a benefit corporation under this Act by amending its articles of incorporation so that they contain a statement that the corporation is a benefit corporation.  In order to be effective, the amendment must be adopted by at least the minimum status vote.
(b)  For any entity that is a party to a merger or consolidation or is the exchanging entity in a share exchange, where the surviving, new, or resulting entity in the merger, consolidation, or share exchange is intended to be a benefit corporation, such plan of merger, consolidation, or share exchange must be adopted by at least the minimum status vote in order to be effective.
(Source: P.A. 97-885, eff. 1-1-13.)
(805 ILCS 40/2.10)
Sec. 2.10. Termination of status.
(a)  A benefit corporation may terminate its status as such and cease to be subject to this Act by amending its articles of incorporation to remove the statement that the corporation is a benefit corporation. In order to be effective, the amendment must be adopted by at least the minimum status vote.
(b)  If a plan of merger, conversion, or share exchange would have the effect of terminating the status of a corporation as a benefit corporation, in order to be effective, the plan must be adopted by at least the minimum status vote.
(c)  A sale, lease, exchange or other disposition of all or substantially all of the assets of a benefit corporation, unless the transaction is in the usual and ordinary course of business, shall not be effective unless the transaction is adopted by at least the minimum status vote.
(Source: P.A. 97-885, eff. 1-1-13.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 40/ - Benefit Corporation Act. › Article 3 - Corporate Purposes

(805 ILCS 40/Art. 3 heading)
Article 3.  Corporate Purposes
(Source: P.A. 97-885, eff. 1-1-13.)
(805 ILCS 40/3.01)
Sec. 3.01. Corporate purposes.
(a)  A benefit corporation shall have a purpose of creating general public benefit. This purpose is in addition to its purposes under Section 3.05 of the Business Corporation Act of 1983 and any specific purpose set forth in its articles of incorporation in accordance with subsection (b).
(b)  The articles of incorporation of a benefit corporation may identify one or more specific public benefits the creation of which  is a purpose of the benefit corporation in addition to its purposes under Section 3.05 of the Business Corporation Act of 1983 and subsection (a). The identification of a specific public benefit under this subsection does not limit the obligation of a benefit corporation under subsection (a).
(c)  The creation of general public benefit and specific public benefit under subsections (a) and (b) is in the best interests of the benefit corporation.
(d)  A benefit corporation may amend its articles of incorporation to add, change, or remove a specific public benefit. In order to be effective, the amendment must be adopted by at least the minimum status vote.
(e)  A professional corporation that is a benefit corporation does not violate Sections 3.4 or 6 of the Professional Service Corporation Act by having the purpose to create general public benefit or a specific public benefit.
(Source: P.A. 97-885, eff. 1-1-13.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 105/ - General Not For Profit Corporation Act of 1986. › Article 6 - Shares; Dividends; Contributions

(805 ILCS 105/Art. 6 heading)
ARTICLE 6.  
		SHARES; DIVIDENDS; CONTRIBUTIONS
(805 ILCS 105/106.05) (from Ch. 32, par. 106.05)
Sec. 106.05. 
		Shares and dividends prohibited. 
		A
corporation shall not have or issue shares.  No dividend
shall be paid and no part of the money, property or other
assets of a corporation shall be distributed to its members,
directors or officers; provided, however, that a corporation
may pay compensation in a reasonable amount to members,
officers or directors for services rendered, including for
service as a director only, and may make distributions
pursuant to Section 109.10 of this Act or upon dissolution
or final liquidation as permitted by Article 12 of this Act.
(Source: P.A. 84-1423.)
(805 ILCS 105/106.10) (from Ch. 32, par. 106.10)
Sec. 106.10. 
		Evidence of contribution. 
		A contribution
of a member may be evidenced by a written instrument
delivered to the member, but such instrument shall not be
denominated a "share of stock" or by any word or term
implying that the instrument is a share as such term is used
in the Business Corporation Act of 1983 as now in effect or
as hereafter amended.
(Source: P.A. 84-1423.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 105/ - General Not For Profit Corporation Act of 1986. › Article 16 - Penalties

(805 ILCS 105/Art. 16 heading)
ARTICLE 16.  
		PENALTIES
(805 ILCS 105/116.05) (from Ch. 32, par. 116.05)
Sec. 116.05. 
		Penalties imposed upon corporations. 
		(a)
Each corporation, domestic or foreign, that fails or refuses
to file its annual report prior to the first day of its
anniversary month shall pay a penalty of $3.
(b) Any corporation, domestic or foreign, failing to pay
the prescribed fee for assumed corporate name renewal when
due and payable shall be given notice of such nonpayment by
the Secretary of State by regular mail; and if such fee
together with a penalty fee of $5 is not paid within 90 days
after such notice is mailed, the right to use such assumed
name shall cease.
(c) Any corporation which (i) puts forth any sign or
advertisement, assuming any name other than that by
which it
is incorporated or otherwise authorized by law to act or (ii) violates
Section 103.25, shall
be guilty of a Class C misdemeanor and shall be deemed
guilty of an additional offense for each day it shall
continue to so offend.
(d) Each corporation, domestic or foreign, that fails or
refuses (1) to answer truthfully and fully within the time
prescribed by this Act interrogatories propounded by the
Secretary of State in accordance with this Act, or (2) to
perform any other act required by this Act to be performed
by the corporation, is guilty of a Class C misdemeanor.
(e) Each corporation that fails or refuses to file articles of revocation of
dissolution within the time period prescribed by this Act is subject to a
penalty for each calendar month or part of the month that it is delinquent
in the amount of $25.00.
(Source: P.A. 91-906, eff. 1-1-01.)
(805 ILCS 105/116.10) (from Ch. 32, par. 116.10)
Sec. 116.10. 
		
		Penalties imposed upon officers and
directors.  Each officer and director of a corporation,
domestic or foreign, who fails or refuses within the time
prescribed by this Act to answer truthfully and fully
interrogatories propounded to him or her by the Secretary of
State in accordance with the provisions of this Act, or who
signs any report or statement filed with the Secretary of
State which is known to such officer or director to be false
in any material statement or representation, or who votes for or consents
to or otherwise knowingly participates in the making of a loan prohibited
by Section 108.80 of this Act, commits a Class
C misdemeanor.
(Source: P.A. 84-1423.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 105/ - General Not For Profit Corporation Act of 1986. › Article 17 - Repealer

(805 ILCS 105/Art. 17 heading)
ARTICLE 17.  
		REPEALER
(805 ILCS 105/117.05) (from Ch. 32, par. 117.05)
Sec. 117.05. 
		Specific repealer. 
		The "General Not for Profit Corporation
Act", approved July 17, 1943, as amended, is repealed.
(Source: P.A. 84-1423.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 115/ - Religious Corporation Validation Act.

(805 ILCS 115/1) (from Ch. 32, par. 188.3)
Sec. 1. 
		
		In any case where any church, congregation or society formed for
the purpose of religious worship has filed, or caused to be filed, prior to
the effective date of this Act, an affidavit in the office of the recorder
of deeds in the county in which such congregation, church or society is
organized in which are set forth the name of the organization and the place
where located and in good faith has proceeded to conduct worship services
and otherwise to carry out the functions for which formed although the
affidavit may not set forth recitals that the trustees were elected or that
the corporate name was adopted in the manner provided for by Sections 35
and 36 of "An Act concerning corporations", approved April 18, 1872, as
amended, or may not have been made by the chairman or by the secretary of
a meeting as required by said Act, the incorporation of such church,
congregation or society and all its acts and transactions which are
otherwise legal are hereby declared validated and legal.
(Source: Laws 1963, p. 745.)
(805 ILCS 115/2) (from Ch. 32, par. 188.4)
Sec. 2. 
		Short title. 
		This Act may be cited as the
Religious Corporation Validation Act.
(Source: P.A. 86-1324.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 130/ - German School Educational Corporation Act.

(805 ILCS 130/0.01) (from Ch. 32, par. 199.90)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
German School Educational Corporation Act.
(Source: P.A. 86-1324.)
(805 ILCS 130/1) (from Ch. 32, par. 199a)
Sec. 1. 
		
		Any association incorporated under any special Act, whose
objects are the establishment, maintenance and promotion of a German
school or schools may change or amend its charter to permit such
associations to devote its money and other resources for the
establishment, maintenance, promotion and aid of other educational and
charitable purposes by filing with the Secretary of State an application
signed by two-thirds of the members of the association, accompanied by a
certified copy of the original charter, and a copy of such original
charter as it is proposed to amend the same, and such association shall
receive from the Secretary of State a certificate of incorporation as an
association with power to establish, maintain, promote and aid the
educational and charitable purposes as defined and stated in such
application and amended charter.
(Source: Laws 1925, p. 261.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 135/ - Religious Educational or Charitable Corporation Dissolution Act.

(805 ILCS 135/0.01) (from Ch. 32, par. 200.9)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
Religious Educational or Charitable Corporation Dissolution Act.
(Source: P.A. 86-1324.)
(805 ILCS 135/1) (from Ch. 32, par. 201)
Sec. 1. 
		
		Whenever the trustees of
any corporation having control of any educational or charitable
institution or any fund thereof, under the care or patronage of any
religious denomination, find that the purposes for which the corporation
was created cannot be carried out, and they shall have authority and
power to close up the affairs of such corporation in the following
manner, to-wit:
They may sell any or all property of any and every kind belonging to
the corporation. Out of the proceeds of the sale of said property,
together with any money belonging to the corporation, they shall pay all
debts against said corporation. They shall return to the donors all sums
which have been given to the corporation under written conditions
requiring the return of said sum in case the purposes of the corporation
are not carried out. They shall transfer and deliver all funds and
property remaining in their hands, after the payment of debts and return
of donations as hereinbefore provided, to the religious denomination
having charge or the patronage of the said educational or charitable
corporation by transferring and delivering said funds and property into
the possession and control of that regularly constituted body in such
religious denomination by which the trustees of the said educational or
charitable corporation are nominated or elected.
(Source: P.A. 84-1308.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 145/ - Fraternal Corporation Property and Borrowing Powers Act.

(805 ILCS 145/0.01) (from Ch. 32, par. 388.9)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
Fraternal Corporation Property and Borrowing Powers Act.
(Source: P.A. 86-1324.)
(805 ILCS 145/1) (from Ch. 32, par. 389)
Sec. 1. 
		
		In any case where any
fraternal or benevolent society or association has been incorporated by
any special act of the General Assembly of Illinois, and where in the
special act under which the same is incorporated or in any amendment
thereto there is any limitation as to the amount or value of real estate
or personal property which such incorporated body or any of its
constituent or subordinate bodies may hold, or any limitation as to the
amount of money which such fraternal or benevolent society or
association may borrow, that notwithstanding any such limitation, such
incorporated body or any of its constituent or subordinate bodies may
hold real or personal property and may borrow money of whatever amount
or value may be needful, suitable and proper to serve and accomplish the
purpose of its organization, and to provide for them respectively
suitable places of meeting and entertainment and accommodations for
their officers and members to the same extent that societies for similar
purposes and organized not for pecuniary profit under the general
incorporation laws of the state may own and hold property, both real and
personal.
(Source: P.A. 84-1308.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 180/ - Limited Liability Company Act. › Article 20 - Finance

(805 ILCS 180/Art. 20 heading)
Article 20.  
		Finance
(805 ILCS 180/20-1)
Sec. 20-1. Form of contribution. The contribution
of a member may be in cash, property, services rendered, or other benefit, or
a promissory note or other obligation to contribute cash or
property or to perform services.
(Source: P.A. 99-637, eff. 7-1-17.)
(805 ILCS 180/20-5)
Sec. 20-5. Member's liability for contributions.
(a) (Blank).
(b) (Blank).
(c) A member's obligation to contribute money, property, or other benefit
to, or
to perform services for, a limited liability company is not
excused by the member's death, disability, dissolution, or any other reason.  If a member does not make the required contribution of property
or services, the member is obligated at the option of the company to contribute
money equal to the value of that portion of the required contribution
which has not been made. The foregoing option does not limit the availability of any remedy provided for in the operating agreement or under law, including specific performance.
(d) A creditor of a limited liability company who extends credit or
otherwise acts in reliance on an obligation described in subsection (c),
and
without notice of any compromise under subdivision (4) of subsection (d) of
Section 15-1, may enforce the
original obligation.
(e)  Subject to Sections 1-43  and 15-5, the operating agreement may provide that the interest of any member that fails to make any contribution that the member is required to make will be subject to specified remedies for, or specified consequences of, the failure.  The specified remedies or consequences may include, without limitation:
(1)  Loss of voting, approval, or other rights.
(2)  Loss of the member's ability to participate in     the management or operations of the limited liability company.
(3)  Liquidated damages.
(4)  Diluting, reducing, or eliminating the     defaulting member's proportionate interest in the company.
(5)  Subordinating the defaulting member's right to     receive distributions to that of the nondefaulting members.
(6)  Permitting the forced sale of the defaulting     member's interest in the company.
(7)  Permitting one or more nondefaulting members to     lend the amount necessary to meet the defaulting member's commitment.
(8)  Adjusting the interest rates or other rates of     return, preferred, priority or otherwise, with respect to contributions by or capital accounts of the nondefaulting members.
(9)  Fixing the value of the defaulting member's     interest by appraisal or formula and the redemption or sale of the defaulting member's interest at that value. (Source: P.A. 99-637, eff. 7-1-17.)
(805 ILCS 180/20-10)
Sec. 20-10. 
		(Repealed).
(Source: P.A. 87-1062.  Repealed by P.A. 90-424, eff. 1-1-98.)
(805 ILCS 180/20-15)
Sec. 20-15. 
		(Repealed).
(Source: P.A. 87-1062.  Repealed by P.A. 90-424, eff. 1-1-98.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 180/ - Limited Liability Company Act. › Article 40 - Derivative Actions

(805 ILCS 180/Art. 40 heading)
Article 40.  
		Derivative Actions
(805 ILCS 180/40-1)
Sec. 40-1. 
		Right of action. 
		No action shall be
brought by a member, or transferee who is entitled to exercise
the rights of a member to bring an action, in the right of a
limited liability company to recover a judgment in its favor
unless members or managers with authority to do so have
refused to bring the action or unless an effort to cause
those members or managers to bring the action is not likely
to succeed.
(Source: P.A. 90-424, eff. 1-1-98.)
(805 ILCS 180/40-5)
Sec. 40-5. 
		Proper plaintiff. 
		No action shall be
brought in the right of a limited liability company by a member or
transferee
who is a substituted member,
unless (i)
the plaintiff was a member or is a transferee who was a substituted member at
the time of the
transaction of which the person complains or (ii) the
person's status as a member or a transferee who is a
substituted
member had devolved upon him or her by operation of law or
under the terms of the operating agreement from a person who
was a member or a transferee who was a substituted member
at the
time of the transaction.
(Source: P.A. 90-424, eff. 1-1-98.)
(805 ILCS 180/40-10)
Sec. 40-10. 
		Pleading. 
		In a derivative action, the
complaint shall set forth with particularity the effort of
the plaintiff to secure initiation of the action by the
limited liability company or the reasons for not making the
effort.
(Source: P.A. 87-1062.)
(805 ILCS 180/40-15)
Sec. 40-15. 
		Expenses. 
		If a derivative action is
successful, in whole or in part, or if anything is received
by the plaintiff as a result of a judgment, compromise, or
settlement of an action or claim, the court may award the
plaintiff reasonable expenses, including reasonable
attorney's fees, and shall direct the plaintiff to remit to the
limited liability company the remainder of those proceeds
received by the plaintiff.
(Source: P.A. 87-1062.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 180/ - Limited Liability Company Act. › Article 60 - Effective Date

(805 ILCS 180/Art. 60 heading)
ARTICLE 60.  
		EFFECTIVE DATE
(805 ILCS 180/60-1)
Sec. 60-1. 
		Effective date. 
		This Act takes effect on January 1, 1994.
(Source: P.A. 90-424, eff. 1-1-98.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 215/ - Uniform Limited Partnership Act (2001). › Article 10 - Actions by Partners

(805 ILCS 215/Art. 10 heading)
ARTICLE 10
ACTIONS BY PARTNERS
(Source: P.A. 93-967, eff. 1-1-05.)
(805 ILCS 215/1001)
Sec. 1001. Direct action by partner.
(a) Subject to subsection (b), a partner may maintain a direct action against the limited partnership or another partner for legal or equitable relief, with or without an accounting as to the partnership's activities, to enforce the rights and otherwise protect the interests of the partner, including rights and interests under the partnership agreement or this Act or arising independently of the partnership relationship.
(b) A partner commencing a direct action under this Section is required to plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the limited partnership.
(c) The accrual of, and any time limitation on, a right of action for a remedy under this Section is governed by other law. A right to an accounting upon a dissolution and winding up does not revive a claim barred by law.
(Source: P.A. 93-967, eff. 1-1-05.)
(805 ILCS 215/1002)
Sec. 1002. Derivative action. A partner may maintain a derivative action to enforce a right of a limited partnership if:
(1) the partner first makes a demand on the general     partners, requesting that they cause the limited partnership to bring an action to enforce the right, and the general partners do not bring the action within a reasonable time; or
(2) a demand would be futile.
(Source: P.A. 93-967, eff. 1-1-05.)
(805 ILCS 215/1003)
Sec. 1003. Proper plaintiff. A derivative action may be maintained only by a person that is a partner at the time the action is commenced and:
(1) that was a partner when the conduct giving rise     to the action occurred; or
(2) whose status as a partner devolved upon the     person by operation of law or pursuant to the terms of the partnership agreement from a person that was a partner at the time of the conduct.
(Source: P.A. 93-967, eff. 1-1-05.)
(805 ILCS 215/1004)
Sec. 1004. Pleading. In a derivative action, the complaint must state with particularity:
(1) the date and content of plaintiff's demand and     the general partners' response to the demand; or
(2) why demand should be excused as futile.
(Source: P.A. 93-967, eff. 1-1-05.)
(805 ILCS 215/1005)
Sec. 1005. Proceeds and expenses.
(a) Except as otherwise provided in subsection (b):
(1) any proceeds or other benefits of a derivative     action, whether by judgment, compromise, or settlement, belong to the limited partnership and not to the derivative plaintiff;
(2) if the derivative plaintiff receives any     proceeds, the derivative plaintiff shall immediately remit them to the limited partnership.
(b) If a derivative action is successful in whole or in part, the court may award the plaintiff reasonable expenses, including reasonable attorney's fees, from the recovery of the limited partnership.
(Source: P.A. 93-967, eff. 1-1-05.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 215/ - Uniform Limited Partnership Act (2001). › Article 14 - Repeal and Effective Date

(805 ILCS 215/Art. 14 heading)
ARTICLE 14
REPEAL AND EFFECTIVE DATE
(Source: P.A. 93-967, eff. 1-1-05.)
(805 ILCS 215/1401)
Sec. 1401. Repeal. Effective January 1, 2008, the following Act is repealed:  the Revised Uniform Limited Partnership Act as amended and in effect immediately before the effective date of this Act.
(Source: P.A. 93-967, eff. 1-1-05.)
(805 ILCS 215/1402)
Sec. 1402. Effective date. This Act takes effect January 1, 2005.
(Source: P.A. 93-967, eff. 1-1-05.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 325/ - National Cemetery Act.

(805 ILCS 325/0.01) (from Ch. 21, par. 64.90)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
National Cemetery Act.
(Source: P.A. 86-1324.)
(805 ILCS 325/1) (from Ch. 21, par. 65)
Sec. 1. 
		
		Any cemetery association organized under special act or charter is
authorized to obtain a grant or grants of Federal funds from the United
States Government, or from any proper agency thereof, for the construction
of a memorial gateway and entrance on property of such cemetery association
which is maintained as a national cemetery. Any cemetery association
organized under special act or charter is authorized to convey in fee
simple to the United States Government, or to any proper agency thereof,
such portion of property of such cemetery as is now or may hereafter be
maintained as a national cemetery.
(Source: Laws 1940, 1st SS, p. 4.)
2023 Illinois Compiled Statutes › Chapter 805 - BUSINESS ORGANIZATIONS › 805 ILCS 415/ - Entity Omnibus Act. › Article 9 - Miscellaneous

(805 ILCS 415/Art. 9 heading)
ARTICLE 9.
MISCELLANEOUS
(Source: P.A. 100-561, eff. 7-1-18.)
(805 ILCS 415/901)
Sec. 901. (Amendatory provisions; text omitted).
(Source: P.A. 100-561, eff. 7-1-18; text omitted.)
(805 ILCS 415/902)
Sec. 902. (Amendatory provisions; text omitted).
(Source: P.A. 100-561, eff. 7-1-18; text omitted.)
(805 ILCS 415/903)
Sec. 903. (Amendatory provisions; text omitted).
(Source: P.A. 100-561, eff. 7-1-18; text omitted.)
(805 ILCS 415/904)
Sec. 904. (Amendatory provisions; text omitted).
(Source: P.A. 100-561, eff. 7-1-18; text omitted.)
(805 ILCS 415/905)
Sec. 905. (Amendatory provisions; text omitted).
(Source: P.A. 100-561, eff. 7-1-18; text omitted.)
(805 ILCS 415/906)
Sec. 906. The Limited Liability Company Act is amended  by repealing Sections 37-15, 37-16, 37-17, 37-31, 37-32, 37-33, and 37-34.
(Source: P.A. 100-561, eff. 7-1-18.)
(805 ILCS 415/907)
Sec. 907. (Amendatory provisions; text omitted).
(Source: P.A. 100-561, eff. 7-1-18; text omitted.)
(805 ILCS 415/908)
Sec. 908. The Uniform Partnership Act (1997) is amended  by repealing Sections 903, 904, and 909.
(Source: P.A. 100-561, eff. 7-1-18.)
(805 ILCS 415/909)
Sec. 909. (Amendatory provisions; text omitted).
(Source: P.A. 100-561, eff. 7-1-18; text omitted.)
(805 ILCS 415/910)
Sec. 910. The
Uniform Limited Partnership Act (2001) is amended  by repealing Sections 1103, 1104, and 1105.
(Source: P.A. 100-561, eff. 7-1-18.)
(805 ILCS 415/995)
Sec. 995. No acceleration or delay.  Where this Act makes changes in a statute that is represented in this Act by text that is not yet or no longer in effect (for example, a Section represented by multiple versions), the use of that text does not accelerate or delay the taking effect of (i) the changes made by this Act or (ii) provisions derived from any other Public Act.
(Source: P.A. 100-561, eff. 7-1-18.)
(805 ILCS 415/999)
Sec. 999. Effective date. This Act takes effect July 1, 2018.
(Source: P.A. 100-561, eff. 7-1-18.)
2023 Illinois Compiled Statutes › Chapter 810 - COMMERCIAL CODE › 810 ILCS 5/ - Uniform Commercial Code. › Article 10 - Effective Date And Repealer

(810 ILCS 5/Art. 10 heading)
ARTICLE 10
EFFECTIVE DATE AND REPEALER
(810 ILCS 5/10-101) (from Ch. 26, par. 10-101)
Sec. 10-101. 
		Effective date.
This Act shall take effect at midnight on July 1, 1962. It applies to
transactions entered into and events occurring after that date.
(Source: Laws 1961, 1st S.S., p. 7.)
(810 ILCS 5/10-102) (from Ch. 26, par. 10-102)
Sec. 10-102. 
		Specific repealer; provision for transition.
(1) The following acts and parts of acts and all other acts and parts of
acts inconsistent herewith are hereby repealed:
"An Act in regard to negotiable instruments payable in money", approved
June 5, 1907, as amended;
"An Act in regard to warehouse receipts", approved May 29, 1907, as
amended;
"An Act to make uniform the law relating to sales", approved June 29,
1915;
"An Act to regulate the sale or transfer of goods, wares, merchandise
and other chattels in bulk and to provide certain penalties in connection
therewith", approved May 3, 1913, as amended;
"Uniform Stock Transfer Act", filed June 28, 1917;
"An Act concerning contracts for the conditional sale or lease of
railroad, street car and motor vehicle equipment and rolling stock, and
providing for the record thereof", approved June 20, 1893, as amended;
"Uniform Trust Receipts Act", filed July 12, 1935, as amended;
"An Act to regulate the foreclosure of chattel mortgages on household
goods, wearing apparel and mechanics' tools", approved June 5, 1889;
"Factors Lien Act", approved July 18, 1955;
"An Act relating to assignment of accounts receivable", approved July
22, 1943;
"An Act to regulate the assignment of notes secured by chattel
mortgages, and to regulate the sale of property under the power of sale
contained in chattel mortgages", approved June 21, 1895, as amended;
"Uniform Bills of Lading Act", approved June 5, 1911.
(2) Transactions validly entered into before the effective date
specified in Section 10-101 and the rights, duties and interests flowing
from them remain valid thereafter and may be terminated, completed,
consummated or enforced as required or permitted by any statute or other
law amended or repealed by this Act as though such repeal or amendment had
not occurred.
(Source: Laws 1961, p. 2101.)
(810 ILCS 5/10-103) (from Ch. 26, par. 10-103)
Sec. 10-103. 
		General repealer.
Except as provided in the following Section, all acts and parts of acts
inconsistent with this Act are hereby repealed.
(Source: Laws 1961, p. 2101.)
(810 ILCS 5/10-104) (from Ch. 26, par. 10-104)
Sec. 10-104. 
		(Repealed).
(Source: Laws 1961, p. 2101. Repealed by P.A. 95-895, eff. 1-1-09.)
2023 Illinois Compiled Statutes › Chapter 810 - COMMERCIAL CODE › 810 ILCS 5/ - Uniform Commercial Code. › Article 13 - Effective Date And Transition; Provisions For Amendatory Act Of 1996

(810 ILCS 5/Art. 13 heading)
ARTICLE 13.  
		EFFECTIVE DATE AND TRANSITION
PROVISIONS FOR AMENDATORY ACT OF 1996
(810 ILCS 5/13-101)
Sec. 13-101. 
		Effective date. 
		This amendatory Act of 1996 takes effect on
January 1, 1997.
(Source: P.A. 89-534, eff. 1-1-97.)
(810 ILCS 5/13-102)
Sec. 13-102. 
		Applicability. 
		This amendatory Act of 1996 applies to a
letter of credit that is issued on or after the effective date of this
 amendatory Act of 1996. This amendatory Act of 1996
does not apply to a transaction, event, obligation, or duty arising out of or
associated with a letter of credit that was issued before the effective date of
this amendatory Act of 1996.
(Source: P.A. 89-534, eff. 1-1-97.)
(810 ILCS 5/13-103)
Sec. 13-103. 
		Savings clause. 
		A transaction arising out of
or associated with a letter of credit that was issued before the effective date
of this amendatory Act of 1996 and the rights, obligations, and interests
flowing from
that transaction are governed by any statute or other law amended
by this amendatory Act of 1996 as if amendment had not occurred and may be
terminated, completed, consummated, or enforced under that statute or
other law.
(Source: P.A. 89-534, eff. 1-1-97.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 122/ - Payday Loan Reform Act. › Article 90 - Amendatory Provisions

(815 ILCS 122/Art. 90 heading)
Article 90.  Amendatory Provisions
(Text omitted)
(Source: P.A. 94-13, eff. 12-6-05; text omitted.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 122/ - Payday Loan Reform Act. › Article 99 - Effective Date

(815 ILCS 122/Art. 99 heading)
Article 99.  Effective Date
(Source: P.A. 94-13, eff. 12-6-05.)
(815 ILCS 122/99)
Sec. 99. (Renumbered).
(Source: Renumbered by P.A. 95-331, eff. 8-21-07.)
(815 ILCS 122/99-99) (was 815 ILCS 122/99)
Sec. 99-99. Effective date. This Act takes effect 180 days after becoming law.
(Source: P.A. 94-13, eff. 12-6-05; 95-331, eff. 8-21-07.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 130/ - Revolving Charge Billing Act.

(815 ILCS 130/0.01) (from Ch. 17, par. 5100)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
Revolving Charge Billing Act.
(Source: P.A. 86-1324.)
(815 ILCS 130/1) (from Ch. 17, par. 5101)
Sec. 1. 
		
		Any bill, memorandum or other statement of account sent to a retail
customer who has made a purchase under a revolving charge account where the
consideration may be paid either in gross or in a series of monthly
installments must set out side by side and with equal prominence both the
amount of the total balance owing on the account as well as the amount of
the monthly payment due on the account, the annual percentage rate of the
total finance charge, interest charge and other charges; and the date by
which, or the period (if any) within which, payment must be made in order
to avoid additional interest charges or other charges.
(Source: P.A. 76-1776.)
(815 ILCS 130/2) (from Ch. 17, par. 5102)
Sec. 2. 
		
		If a bill, memorandum or other statement of account does not comply
with Section 1, no interest, service charge, carrying charge or any
amount other than the cash price, or balance thereof, for the goods or
services giving rise to the account may be charged to or collected from the
customer.
(Source: Laws 1967, p. 2173.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 150/ - Unsolicited Credit Card Act of 1977.

(815 ILCS 150/1) (from Ch. 17, par. 6201)
Sec. 1. 
		
		This Act may be cited as
the  Unsolicited Credit Card Act of 1977.
(Source: P.A. 86-1475.)
(815 ILCS 150/2) (from Ch. 17, par. 6202)
Sec. 2. 
		
		As used in this Act, the following words have the meaning ascribed
to them in this Section:
"Financial institution" means any bank, insurance company, credit union,
savings and  loan association, investment trust or other depository of money
or medium of savings or collective investment.
"Credit card" means any instrument or device, whether known as a credit
card, credit plate, charge plate or any other name, issued with or without
fee by an issuer for the  use of the cardholder in obtaining money, goods,
services or anything else of value on  credit or in consideration of
an undertaking or guaranty by the issuer of the payment of a check drawn
by the cardholder.  Automated cards, issued by financial institutions
to and for the use  of only the customers of such financial institutions,
to be used in conjunction with or without computer facilities to allow such
customers to make deposits and withdrawals to or  from checking or savings
accounts, cash checks, pay loan installments and utility bills or
transfer funds between various accounts shall not be considered credit cards
for the purposes of this Act provided they do not permit cash loan advances
or by agreement permit overdraft checking services.
(Source: P.A. 81-1509.)
(815 ILCS 150/3) (from Ch. 17, par. 6203)
Sec. 3. 
		
		No financial institution or other person or corporation doing
business in this
State shall issue any person a credit card, regardless of whether such credit
card is to be
used for personal, family, household, agricultural, business or commercial
purposes, except
(1) in response to a request or application therefor; or (2)  as a renewal of, or in
substitution for, an accepted credit card whether such card is issued by
the same or a successor
card issuer.
(Source: P.A. 80-531.)
(815 ILCS 150/4) (from Ch. 17, par. 6204)
Sec. 4. 
		
		Any person, corporation or financial institution who violates the provisions
of this Act shall be guilty of a business offense, and may be fined an amount
not to exceed $500.
(Source: P.A. 80-531.)
(815 ILCS 150/5) (from Ch. 17, par. 6205)
Sec. 5. 
		
		Nothing in this Act shall in any way alter or diminish the liabilities
of credit
card issuers as heretofore existent under the laws of the United States
or the State of Illinois.
(Source: P.A. 80-531.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 155/ - Student Loans to Minors Act.

(815 ILCS 155/0.01) (from Ch. 17, par. 6300)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
Student Loans to Minors Act.
(Source: P.A. 86-1324.)
(815 ILCS 155/1) (from Ch. 17, par. 6301)
Sec. 1. 
		
		Any student who has been accepted for admission to an
institution in the State of Illinois approved by the State
Superintendent of Public Instruction as an institution of higher
education on either the undergraduate or graduate level shall be
permitted to execute a legally binding promissory note for a loan
necessary to attend or to continue in attendance at an institution of
higher education, subject to approval by the institution of higher
education attended.
(Source: Laws 1959, p. 2056.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 160/ - Credit Agreements Act.

(815 ILCS 160/0.01) (from Ch. 17, par. 7100)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
Credit Agreements Act.
(Source: P.A. 86-1324.)
(815 ILCS 160/1) (from Ch. 17, par. 7101)
Sec. 1. 
		Definitions. 
		For the purpose of this Act, the following
terms have the meanings given them:
(1) "Credit agreement" means an agreement or commitment by a creditor to
lend money or extend credit or delay or forbear repayment of money not
primarily for personal, family or household purposes, and not in connection
with the issuance of credit cards.
(2) "Creditor" means a person engaged in the business of lending money
or extending credit.
(3) "Debtor" means a person who obtains credit or seeks a credit
agreement or claims the existence of a credit agreement with a creditor or
who owes money to a creditor.
(4) "Person" means an individual, corporation, partnership, joint
venture, trust estate, unincorporated association or other entity.
(Source: P.A. 86-613.)
(815 ILCS 160/2) (from Ch. 17, par. 7102)
Sec. 2. 
		Credit agreements to be in writing. 
		A debtor may not
maintain an action on or in any way related to a credit agreement unless
the credit agreement is in writing, expresses an agreement or commitment to
lend money or extend credit or delay or forbear repayment of money, sets
forth the relevant terms and conditions, and is signed by the creditor and
the debtor.
(Source: P.A. 86-613.)
(815 ILCS 160/3) (from Ch. 17, par. 7103)
Sec. 3. 
		Actions not considered agreements. 
		The following actions do
not give rise to a claim, counter-claim, or defense by a debtor that a new
credit agreement is created, unless the agreement satisfies the requirements of Section 2:
(1) the rendering of financial advice by a creditor to a debtor;
(2) the consultation by a creditor with a debtor; or
(3) the agreement by a creditor to modify or amend an existing credit
agreement or to otherwise take certain actions, such as entering into a new
credit agreement, forbearing from exercising remedies in connection with an
existing credit agreement, or rescheduling or extending installments due
under an existing credit agreement.
(Source: P.A. 86-613.)
(815 ILCS 160/3.1)
Sec. 3.1. 
		Liability; privity of contract. 
		No creditor shall be liable to
a person not in privity of contract with the creditor for civil damages arising
out of a credit agreement, or any conditions precedent thereto, except for acts
or conduct by the creditor that constitute fraud against the person.
(Source: P.A. 89-309, eff. 8-11-95.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 175/ - Illinois Loan Brokers Act of 1995. › Article 5 - (This Article Compiled At 815 ILCS 602/5-1 Et Seq.)

(815 ILCS 175/Art. 5 heading)
ARTICLE 5
(This Article compiled at 815 ILCS 602/5-1 et seq.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 175/ - Illinois Loan Brokers Act of 1995. › Article 10 - (This Article Compiled At 815 ILCS 307/10-1 Et Seq.)

(815 ILCS 175/Art. 10 heading)
ARTICLE 10
(This Article compiled at 815 ILCS 307/10-1 et seq.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 175/ - Illinois Loan Brokers Act of 1995. › Article 99

(815 ILCS 175/Art. 99 heading)
ARTICLE 99
(815 ILCS 175/99-1)
Sec. 99-1. 
		Effective date. 
		This Act takes effect January 1, 1996.
(Source: P.A. 89-209, eff. 1-1-96.)
2023 Illinois Compiled Statutes › Chapter 815 - BUSINESS TRANSACTIONS › 815 ILCS 185/ - Loan Advertising to Bankrupts Act.

(815 ILCS 185/0.01) (was 720 ILCS 330/0.01)
Sec. 0.01. 
		Short title. 
		This Act may be cited as the
Loan Advertising to Bankrupts Act.
(Source: P.A. 86-1324.)
(815 ILCS 185/1) (was 720 ILCS 330/1)
Sec. 1. 
		
		No person engaged in the business of making loans or of selling any
property or services under installment contracts or charge agreements may
include in any solicitation of or advertisement for such business any
language stating or implying that a loan or extension of credit will be
made to a person who has been adjudged a bankrupt.
(Source: Laws 1967, p. 3546.)
(815 ILCS 185/2) (was 720 ILCS 330/2)
Sec. 2. 
		
		
		Any person violating this Act shall be guilty of a business offense and
shall be fined not more than $1,000.
(Source: P.A. 77-2251.)