(805 ILCS 105/104.05)
(from Ch. 32, par. 104.05)
Sec. 104.05.
Corporate name of domestic or foreign corporation.
(a) The corporate name of a domestic corporation or of a foreign corporation organized, existing or subject to the provisions of this Act:
(1) May contain, separate and apart from any other
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| word or abbreviation in such name, the word "corporation," "company," "incorporated," or "limited," or an abbreviation of one of such words; |
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(2) Must end with the letters "NFP" if the corporate |
| name contains any word or phrase which indicates or implies that the corporation is organized for any purpose other than a purpose for which corporations may be organized under this Act or a purpose other than a purpose set forth in the corporation's articles of incorporation; |
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(3) Shall be distinguishable upon the records in the |
| office of the Secretary of State from the name or assumed name of any domestic corporation or limited liability company organized under the Limited Liability Company Act, whether for profit or not for profit, existing under any Act of this State or the name or assumed name of any foreign corporation or foreign limited liability company registered under the Limited Liability Company Act, whether for profit or not for profit, authorized to transact business or conduct affairs in this State, or a name the exclusive right to which is, at the time, reserved or registered in the manner provided in this Act or Section 1‑15 of the Limited Liability Company Act, except that, subject to the discretion of the Secretary of State, a foreign corporation that has a name prohibited by this paragraph may be granted authority to conduct its affairs in this State, if the foreign corporation: |
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(i) Elects to adopt an assumed corporation name |
| or names in accordance with Section 104.15 of this Act; and |
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(ii) Agrees in its application for authority to |
| conduct affairs in this State only under such assumed corporate name or names; |
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(4) Shall not contain a word or phrase, or an |
| abbreviation or derivation thereof, the use of which is prohibited or restricted by any other statute of this State unless such restriction has been complied with; |
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(5) Shall consist of letters of the English alphabet, |
| Arabic or Roman numerals, or symbols capable of being readily reproduced by the office of the Secretary of State; |
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(6) Shall not contain the words "regular democrat," |
| "regular democratic," "regular republican," "democrat," "democratic," or "republican," nor the name of any other established political party, unless consent to usage of such words or name is given to the corporation by the State central committee of such established political party; notwithstanding any other provisions of this Act, any corporation, whose name at the time this amendatory Act takes effect contains any of the words listed in this paragraph shall certify to the Secretary of State no later than January 1, 1989, that consent has been given by the State central committee; consent given to a corporation by the State central committee to use the above listed words may be revoked upon notification to the corporation and the Secretary of State; |
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(7) Shall be the name under which the corporation |
| shall conduct affairs in this State unless the corporation shall also elect to adopt an assumed corporate name or names as provided in this Act; provided, however, that the corporation may use any divisional designation or trade name without complying with the requirements of this Act, provided the corporation also clearly discloses its corporate name; and |
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(8) Shall not, as to any corporation organized or |
| amending its corporate name on or after April 3, 2009 (the effective date of Public Act 96‑7), without the express written consent of the United States Olympic Committee, contain the words: (i) "Olympic"; (ii) "Olympiad"; (iii) "Paralympic"; (iv) "Paralympiad"; (v) "Citius Altius Fortius"; (vi) "CHICOG"; or (vii) "Chicago 2016". |
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(b) The Secretary of State shall determine whether a name is "distinguishable" from another name for purposes of this Act. Without excluding other names which may not constitute distinguishable names in this State, a name is not considered distinguishable, for purposes of this Act, solely because it contains one or more of the following:
(1) The word "corporation," "company," |
| "incorporated," or "limited" or an abbreviation of one of such words; |
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(2) Articles, conjunctions, contractions, |
| abbreviations, different tenses or number of the same word. |
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(c) Nothing in this Section or Sections 104.15 or 104.20 of this Act shall:
(1) Require any domestic corporation existing or any |
| foreign corporation having authority to conduct affairs on the effective date of this Act, to modify or otherwise change its corporate name or assumed corporate name, if any; or |
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(2) Abrogate or limit the common law or statutory law |
| of unfair competition or unfair trade practices, nor derogate from the common law or principles of equity or the statutes of this State or of the United States with respect to the right to acquire and protect copyrights, trade names, trade marks, service names, service marks, or any other right to the exclusive use of name or symbols. |
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(Source: P.A. 96‑7, eff. 4‑3‑09; 96‑66, eff. 1‑1‑10; 96‑328, eff. 8‑11‑09; 96‑1000, eff. 7‑2‑10.) |
(805 ILCS 105/104.15)
(from Ch. 32, par. 104.15)
Sec. 104.15.
Assumed corporate name.
(a) A domestic corporation or a foreign corporation admitted to conduct affairs or attempting to gain admission to conduct affairs may elect to adopt an assumed corporate name that complies with the requirements of subsection (a) of Section 104.05 of this Act with respect to corporate names.
(b) As used in this Act, "assumed corporate name" means any corporate name other than the true corporate name, except that the following shall not constitute the use of an assumed corporate name under this Act:
(1) The identification by a corporation of the
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| conduct of its affairs with a trademark or service mark of which it is the owner or licensed user; or |
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(2) The use of the name of a division, not separately |
| incorporated and not containing the word "corporation," "incorporated," or "limited" or an abbreviation of one of such words, provided the corporation also clearly discloses its corporate name. |
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(c) Before conducting any affairs in this State under an assumed corporate name or names, the corporation shall, for each assumed corporate name, pursuant to resolution by its board of directors, execute and file in accordance with Section 101.10 of this Act, an application setting forth:
(1) The true corporate name;
(2) The State or country under the laws of which it |
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(3) That it intends to conduct affairs under an |
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(4) The assumed corporate name which it proposes to |
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(d) The right to use an assumed corporate name shall be effective from the date of filing by the Secretary of State until the first day of the anniversary month of the corporation that falls within the next calendar year evenly divisible by 5, except that if an application is filed within the 2 months immediately preceding the anniversary month of a corporation that falls within a calendar year evenly divisible by 5, the right to use the assumed corporate name shall be effective until the first day of the anniversary month of the corporation that falls within the next succeeding calendar year evenly divisible by 5.
(e) A corporation shall renew the right to use its assumed corporate name or names, if any, within the 60 days preceding the expiration of such right, for a period of 5 years, by making an election to do so at the time of filing its annual report form and by paying the renewal fee as prescribed by this Act.
(f) (Blank).
(g) 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.
(Source: P.A. 96‑1121, eff. 1‑1‑11.) |
(805 ILCS 105/104.20)
(from Ch. 32, par. 104.20)
Sec. 104.20.
Change and cancellation of assumed corporate name.
(a) Any domestic or foreign corporation may, pursuant to resolution by its board of directors, change or cancel any or all of its assumed corporate names by executing and filing, in accordance with Section 101.10 of this Act, an application setting forth:
(1) The true corporate name;
(2) The state or country under the laws of which it
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(3) That it intends to cease conducting affairs under |
| an assumed corporate name by changing or canceling it; | |
(4) The assumed corporate name to be changed from or |
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(5) If the assumed corporate name is to be changed, |
| the assumed corporate name which the corporation proposes to use. | |
(b) Upon the filing of an application to change an assumed corporate name, the corporation shall have the right to use such assumed corporate name for the period authorized by subsection (d) of Section 104.15 of this Act.
(c) The right to use an assumed corporate name shall be cancelled by the Secretary of State:
(1) If the corporation fails to renew an assumed |
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(2) If the corporation has filed an application to |
| change or cancel an assumed corporate name; | |
(3) If a domestic corporation has been dissolved;
(4) If a foreign corporation has had its authority to |
| conduct affairs in this State revoked. | |
(Source: P.A. 96‑66, eff. 1‑1‑10.) |