State of Illinois
91st General Assembly
Legislation

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91_HB4696

 
                                               LRB9111581STpk

 1        AN ACT to amend the Limited Liability Company Act.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Limited Liability Company Act is  amended
 5    by changing Section 50-5 as follows:

 6        (805 ILCS 180/50-5)
 7        Sec. 50-5.  List of limited liability companies; exchange
 8    of information.
 9        (a)  The  Secretary  of State may publish a list or lists
10    of limited liability companies and foreign limited  liability
11    companies,  as  often, in the format, and for the fees as the
12    Secretary of State may in his or her  discretion  provide  by
13    rule,  except as provided in subsection (d). The Secretary of
14    State  may   disseminate   information   concerning   limited
15    liability  companies  and foreign limited liability companies
16    by computer network in the format and for the fees as may  be
17    determined by rule, except as provided in subsection (d).
18        (b)  Upon  written  request,  any  list  published  under
19    subsection  (a)  shall  be free to each member of the General
20    Assembly, to each State agency or  department,  and  to  each
21    recorder  in  this  State.  An appropriate fee established by
22    rule to cover the cost of producing the list shall be charged
23    to all others.
24        (c)  If a domestic or foreign limited  liability  company
25    has  filed  with  the Secretary of State an annual report for
26    the preceding year or has been newly formed or  is  otherwise
27    and in any manner registered with the Secretary of State, the
28    Secretary   of   State   shall  exchange  with  the  Illinois
29    Department of Public  Aid  any  information  concerning  that
30    limited  liability  company  that  may  be  necessary for the
31    enforcement of child support orders entered pursuant  to  the
 
                            -2-                LRB9111581STpk
 1    Illinois   Public   Aid   Code,  the  Illinois  Marriage  and
 2    Dissolution of Marriage Act, the Non-Support  of  Spouse  and
 3    Children  Act,  the  Non-Support  Punishment Act, the Revised
 4    Uniform Reciprocal Enforcement of Support  Act,  the  Uniform
 5    Interstate  Family Support Act, or the Illinois Parentage Act
 6    of 1984.
 7        Notwithstanding  any  provisions  in  this  Act  to   the
 8    contrary,  the  Secretary of State shall not be liable to any
 9    person for any disclosure  of  information  to  the  Illinois
10    Department  of  Public  Aid under this subsection  or for any
11    other  action  taken  in  good  faith  to  comply  with   the
12    requirements of this subsection.
13        (d)  The  Secretary  of  State  shall  not,  by  rule  or
14    otherwise,  charge  or  collect  fees  for  dissemination  of
15    information  about  limited  liability companies requested by
16    the public.  The Secretary of  State  must  promulgate  rules
17    that  provide  that  members  of  the  public may request and
18    receive information about limited liability companies free of
19    charge.
20    (Source: P.A. 90-18, eff. 7-1-97; 91-613, eff. 10-1-99.)

21        Section 99.  Effective date.  This Act takes effect  upon
22    becoming law.

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