Illinois Compiled Statutes 15 ILCS 205/8 – Multistate Registration and Filing Portal
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Terms Used In Illinois Compiled Statutes 15 ILCS 205/8
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
The Attorney General may become a member of the Multistate Registration and Filing Portal, Inc. For purposes of this Section, “Multistate Registration and Filing Portal, Inc.” means an independent tax-exempt nonprofit corporation formed to develop and operate a multistate online system that will allow nonprofit organizations and their professional fundraisers to comply with all states’ charity registration and annual filing requirements through a single online portal without duplication of data entry.