(805 ILCS 215/1108)
Sec. 1108. Filings required for merger; effective date. (a) After each constituent organization has approved a merger, articles of merger must be signed on behalf of: (1) each preexisting constituent limited partnership, by each general partner listed in |
| the certificate of limited partnership; and
|
|
(2) each other preexisting constituent organization, by an authorized representative.
(b) The articles of merger must include:
(1) the name and form of each constituent organization and the jurisdiction of its
|
|
(2) the name and form of the surviving organization, the jurisdiction of its governing
|
| statute, and, if the surviving organization is created by the merger, a statement to that effect;
|
|
(3) the date the merger is effective under the governing statute of the surviving
|
|
(4) if the surviving organization is to be created by the merger:
(A) if it will be a limited partnership, the limited partnership's certificate of
|
|
(B) if it will be an organization other than a limited partnership, the
|
| organizational document that creates the organization;
|
|
(5) if the surviving organization preexists the merger, any amendments provided for in
|
| the plan of merger for the organizational document that created the organization;
|
|
(6) a statement as to each constituent organization that the merger was approved as
|
| required by the organization's governing statute;
|
|
(7) if the surviving organization is a foreign organization not authorized to transact
|
| business in this State, the street and mailing address of an office which the Secretary of State may use for the purposes of Section 1109(b); and
|
|
(8) any additional information required by the governing statute of any constituent
|
|
(c) Each constituent limited partnership shall deliver the articles of merger for filing in the Office of the Secretary of State.
(d) A merger becomes effective under this Article:
(1) if the surviving organization is a limited partnership, upon the later of:
(i) compliance with subsection (c); or
(ii) subject to Section 206(c), as specified in the articles of merger; or
(2) if the surviving organization is not a limited partnership, as provided by the
|
| governing statute of the surviving organization.
|
|
(Source: P.A. 93-967, eff. 1-1-05.)
|