14 Ill. Adm. Code 150.300
Errors or Defects
Section 150
Section 150.300Â Errors or
Defects
a)Â Â Â Â Â Â Â Â Matters deemed "errors" or "defects" for
which a statement of correction may be filed are facts that have been
misreported in a document filed with the Secretary of State's Office and do not
include any other matter which in retrospect is considered a mistake or which
as to the action reported reflects a subsequent event.
b)Â Â Â Â Â Â Â Â Matters deemed errors or defects in original articles of
incorporation are:Â typographical errors in the names of the first board of
directors (but not such as to substitute or delete a person or part); errors in
the number of shares proposed to be issued; or errors in the amount of
consideration to be received for the initial issue of shares. Any other matters
shall not be the subject of a statement of correction but, in an appropriate
case, shall be dealt with by articles of amendment.
c)Â Â Â Â Â Â Â Â Matters deemed errors or defects in an application for an
original or amended certificate of authority of a foreign corporation and for
which a statement of correction may be filed are:Â typographical errors in the
corporate name which is not the same as the name shown on the certified copy;
errors in the names or addresses of the directors, the officers, or the
principal office; errors in the number of shares issued or in the amount of the
paid-in capital.
d)Â Â Â Â Â Â Â Â Matters deemed errors or defects for which a statement of correction
may be filed in a reservation of transfer of corporate name, an application to
adopt, change or cancel an assumed corporate name, an application for
registration or renewal of corporate name (foreign), a statement of change or
notice of resignation of registered agent/office, or an application for
reinstatement not including the corporate or assumed corporate name are those
in the personal names or addresses reported therein, but not those alleged
errors which would substitute or delete a person or party or address.