Illinois Compiled Statutes 805 ILCS 105 General Not for Profit Corporation Act of 1986. Section 113.10

    (805 ILCS 105/113.10) (from Ch. 32, par. 113.10)

    Sec. 113.10. Powers of foreign corporation. No foreign corporation shall conduct in this State any affairs which a corporation organized under the laws of this State is not permitted to conduct. A foreign corporation which shall have received authority to conduct affairs under this Act shall, until a certificate of revocation has been issued or an application for withdrawal shall have been filed as provided in this Act, enjoy the same, but no greater, rights and privileges as a domestic corporation organized for the purposes set forth in the application pursuant to which such authority is granted; and, except as in Section 113.05 of this Act otherwise provided with respect to the organization and internal affairs of a foreign corporation and except as elsewhere in this Act otherwise provided, shall be subject to the same duties, restrictions, penalties, and liabilities now or hereafter imposed upon a domestic corporation of like character.

(Source: P.A. 92-33, eff. 7-1-01.)

Sections:  Previous  113.05  113.10  113.15  113.20  113.25  113.30  113.35  113.40  113.45  113.50  113.55  113.60  113.65  113.70  Next

Last modified: February 18, 2015