(805 ILCS 180/35-25)
Sec. 35-25. Grounds for administrative dissolution. The Secretary of State may dissolve any limited liability
company administratively if:
(1) it has failed to file its annual report and pay its fee as required by this Act |
| before the first day of the anniversary month or has failed to pay any fees, penalties, or charges required by this Act;
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(2) it has failed to file in the Office of the Secretary of State any report after the
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| expiration of the period prescribed in this Act for filing the report;
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(2.5) it has misrepresented any material matter in any application, report, affidavit,
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| or other document submitted by the limited liability company under this Act;
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(3) it has failed to appoint and maintain a registered agent in Illinois in accordance
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| with the provisions of this Act;
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(4) a manager or member to whom interrogatories have been propounded by the Secretary of
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| State as provided in Section 5-60 of this Act fails to answer the interrogatories fully and to timely file the answer in the office of the Secretary of State; or
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(5) it has tendered payment to the Secretary of State which is returned due to
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| insufficient funds, a closed account, or for any other reason, and acceptable payment has not been subsequently tendered.
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(Source: P.A. 98-171, eff. 8-5-13; 99-608, eff. 7-22-16.)
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