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

Illinois Statutes

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

Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 805 BUSINESS ORGANIZATIONS·Act 805 ILCS 180/ Limited Liability Company Act.·Art. Article 45 - Foreign Limited Liability Companies

(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.

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