91st General Assembly
Summary of HB2991
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House Sponsors:
MEYER-WINKEL-KOSEL-CROSS-MATHIAS.

Senate Sponsors:
DILLARD

Short description: 
CORP NAMES-FICTITIOUS ADDRESS                                              

Synopsis of Bill as introduced:
        Amends the Business Corporation Act  of  1983,  General  Not  For      
   Profit  Corporation Act of 1986, Merger of Not For Profit Corporations      
   Act, Limited Liability Company Act, Uniform Partnership  Act,  Revised      
   Uniform  Limited  Partnership  Act,  and  Assumed  Business  Name Act.      
   Provides that foreign persons and foreign entities  subject  to  these      
   Acts   may   not  in  the  conduct  of  their  business  intentionally      
   misrepresent the geographic origin or location of the person or entity      
   (i) with their assumed or fictitious name or (ii) with an Illinois  or      
   toll-free  telephone number that is transferred to a business location      
   outside Illinois.  Subjects violators to certain penalties.                 
        HOUSE AMENDMENT NO. 2.                                                 
        Deletes everything.  Amends the Business Corporation Act of 1983,      
   the General Not For Profit Corporation Act of 1986, the Merger of  Not      
   For  Profit  Corporations  Act, the Limited Liability Company Act, the      
   Uniform Partnership Act, the Revised Uniform Limited Partnership  Act,      
   and   the   Assumed  Business  Name  Act.   Provides  that  a  foreign      
   corporation may not intentionally misrepresent in the conduct  of  its      
   business  the  corporation's geographic origin or location by using an      
   Illinois or toll-free telephone number that when called  is  forwarded      
   or  otherwise  transferred  to  a  business location outside Illinois.      
   Provides that, with certain exceptions, a person shall  not  advertise      
   or  cause  to  be  listed  in  a  telephone  directory  an  assumed or      
   fictitious business name that intentionally  misrepresents  where  the      
   business  is  actually located or operating or falsely states that the      
   business is located or operating in the area covered by the  telephone      
   directory.  Provides that these provisions do not apply to any foreign      
   entity organized under the laws of another state and doing business in      
   Illinois  under  one  of  those Acts that has gross annual revenues in      
   excess of $100,000,000.  Provides that an entity that  violates  these      
   provisions  is  guilty  of  a petty offense and must be fined not less      
   than $501 and not more than $1,000 and  is  guilty  of  an  additional      
   offense  for  each  additional  day  in  violation  of  this  Section.      
   Provides  that  a  foreign  corporation  may  not  use  an  assumed or      
   fictitious name in  the  conduct  of  its  business  to  intentionally      
   misrepresent  the  geographic  origin  or  location of the corporation      
   within Illinois.                                                            
        SENATE AMENDMENT NO. 1.                                                
        Further amends the Business Corporation Act of 1983, the  General      
   Not  For  Profit Corporation Act of 1986, the Merger of Not For Profit      
   Corporations Act, the  Limited  Liability  Company  Act,  the  Uniform      
   Partnership  Act, the Revised Uniform Limited Partnership Act, and the      
   Assumed Business Name Act.   Deletes provisions prohibiting a  foreign      
   person  or entity from intentionally misrepresenting in the conduct of      
   its business the geographic origin or location of the person or entity      
   on a sign, advertisement, or telephone listing by using  and  Illinois      
   or  toll-free  telephone  number  that  when  called  is  forwarded or      
   otherwise transferred to a business location outside of Illinois.           
 
Last action on Bill: PUBLIC ACT.............................. 91-0906

   Last action date: 00-07-07

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   1


   END OF INQUIRY 



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