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The Illinois secretary of state keeps the state records, laws, library, and archives, and is the state's corporation registration, vehicle registration and driver licensing authority. The current secretary of state is Alexi Giannoulias , a Democrat who took office in 2023.
companies in Illinois according to revenues with State and U.S. rankings: State rank Corporation US rank 1: Archer Daniels Midland: 27 2: Boeing: 30 3: Walgreen: 37 4:
Most corporations are, however, incorporated under the influential Delaware General Corporation Law. United States corporate law regulates the governance, finance and power of corporations in US law. Every state and territory has its own basic corporate code, while federal law creates minimum standards for trade in company shares and governance ...
A corporation is capable of continuing indefinitely. Its existence is not affected by the death of shareholders, directors, or officers of the corporation. Ownership in a Corp. or LLC is easily transferable to others, either in whole or in part. Some state laws are particularly corporate-friendly.
Corporation sole. A corporation sole is a legal entity consisting of a single ("sole") incorporated office, occupied by a single ("sole") natural person. [ 1][ 2] This structure allows corporations (often religious corporations or Commonwealth governments) to pass without interruption from one officeholder to the next, giving positions legal ...
Illinois established a new type of entity called the "benefit LLC", making the state the first to allow limited liability companies the same opportunities afforded to Illinois corporations under the state's benefit corporation law. [15] [16] Washington created social purpose corporations in 2012 with a similar focus and intent. [17] [18]
An incorporated town or city in the United States is a municipality that is incorporated under state law. An incorporated town will have elected officials, as differentiated from an unincorporated community, which exists only by tradition and does not have elected officials at the town level. In some states, civil townships may sometimes be ...
Elwood Staffing ( Columbus) Emmis Corporation ( Indianapolis) Finish Line, Inc. ( Indianapolis) First Internet Bancorp ( Indianapolis) First Merchants Corporation ( Muncie) The Ford Meter Box Company ( Wabash) Guidant ( Indianapolis) Gurney's Seed and Nursery Company ( Greendale) Haynes International ( Kokomo)