Illinois Compiled Statutes 805 ILCS 180 Limited Liability Company Act. Section 5-50
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Illinois Laws
(805 ILCS 180/5-50)
Sec. 5-50.
Amendment or dissolution by judicial act.
If a person required by Section 5-45 to execute an amendment
or articles of dissolution fails or refuses to do so, any
other member and any transferee of a limited liability company
interest, who is adversely affected by the failure or
refusal, may petition a court to direct the amendment or
dissolution. If the court finds that the amendment or
dissolution is proper and that any person so designated has
failed or refused to execute the amendment or articles of
dissolution, it shall order the Secretary of State to record
an appropriate amendment or dissolution.
(Source: P.A. 90-424, eff. 1-1-98.)
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Last modified: February 20, 2012
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