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www.ilga.gov

(d) Any company operating or holding itself out as a low-profit limited liability company in Illinois, any company formed as a low-profit limited liability company under this Act, and any chief operating officer, director, or manager of any such company is a "trustee" as defined in Section 3 of the Charitable Trust Act.…

Illinois Compiled Statutes - Illinois General Assembly

Illinois Compiled Statutes Table of Contents Home ... Back to Act Listing Public Acts Search Guide Disclaimer Printer ... Relations Of Members And Managers To Persons Dealing With Limited Liability Company. Article 15 - Management. Article 20 - Finance. Article 25 - Distributions. Article 30 - Assignment of Membership Interests.…

CHANGES TO THE ILLINOIS LIABILITY COMPANY ACT

Nov 14, 2018 · The Illinois General Assembly has made sweeping changes to the Illinois Limited Liability Company Act (“LLC Act”), all of which are encompassed within a lengthy and detailed 112-page bill. These changes were effective July y 1, 2017, and apply to all Illinois limited liability companies, even those limited liability companies that already have an operating agreement in place as the LLC Act ...…

Limited Liability Companies - cyberdriveillinois.com

Limited Liability Companies Business ... Mon.–Fri. 8 a.m.–4:30 p.m. The State of Illinois has reduced many of the Limited Liability Company (LLC) filing fees. Adopting an Assumed LLC Name; Authenticate a Certificate; Guide for Organizing a Domestic LLC; How Do I? LLC Act; LLC Administrative Rules; LLC Annual Report; LLC Articles of ...…