Illinois § 45-50
Full text of Illinois Illinois Compiled Statutes § 45-50, with citation guidance and answers to common questions.
§ 45-50.
Action to restrain from transaction of business. (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. (Source: P.A. 98-171, eff. 8-5-13.)
Frequently Asked Questions About Illinois § 45-50
What does Illinois Compiled Statutes § 45-50 cover?
Section 45-50 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 45-50?
A common citation format is "Illinois Compiled Statutes § 45-50" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 45-50 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.