Code · Illinois · Chapter 805 — BUSINESS ORGANIZATIONS · Act 5

Sec. 12.85. Criminal prosecution of dissolved corporation.

98 words·~1 min read·/il/chapter-805/act-5/12-85

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 12.85. Criminal prosecution of dissolved corporation. The dissolution of a corporation either

(1)by the issuance of a certificate of dissolution by the Secretary of State, or

(2)by a judgment of dissolution by a circuit court of this State, or

(3)by expiration of its period of duration, shall not:

(a)Prohibit the State from prosecuting said corporation criminally by indictment, information or complaint filed subsequent to its dissolution for any offenses committed prior to dissolution; or

(b)Abate or suspend a criminal proceeding which is pending against the corporation on the effective date of dissolution.