Illinois § 45-50 Action to restrain from transaction of business

Illinois Statutes

§ 45-50 — Action to restrain from transaction of business

Illinois § 45-50

JurisdictionIllinois

TopicBUSINESS AND EMPLOYMENT

Ch. 805BUSINESS ORGANIZATIONS

Act 805 ILCS 180/Limited Liability Company Act.

Art.Article 45 - Foreign Limited Liability Companies

This text of Illinois § 45-50 (Action to restrain from transaction of business) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

805 Ill. Comp. Stat. 45-50 (2026).

Text

(a)The Attorney General may bring an action to restrain a foreign limited liability company from transacting business in this State in violation of this Article.

(b)If the authority of a foreign limited liability company to do business in Illinois ceases because of failure to pay a judgment reported to the Secretary of State under Section 45-35, then the Attorney General shall bring an action to restrain a foreign limited liability company from transacting business in this State.

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(a) The Attorney General may bring an action to restrain a foreign limited liability company from transacting business in this State in violation of this Article. (b) If the authority of a foreign limited liability company to do business in Illinois ceases because of failure to pay a judgment reported to the Secretary of State under Section 45-35, then the Attorney General shall bring an action to restrain a foreign limited liability company from transacting business in this State.