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Illinois Compiled Statutes 805 Business Organizations: Article 1 - General Provisions

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• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 0.01
  Short title. This Act may be cited as the Uniform Limited Partnership Act (2001).

  (Source: P.A. 93-967, eff. 1-1-05.)

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 101
  Short title. (See Section 0.01 for short title.)

  (Source: P.A. 93-967, eff. 1-1-05.)

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 102
  Definitions. In this Act:

  (1) "Anniversary" means that day every year exactly

  one or more years after: (i) the date the certificate of limited...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 103
  Knowledge and notice.

  (a) A person knows a fact if the person has actual knowledge of it.

  (b) A person has notice of a...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 104
  Nature, purpose, and duration of entity.

  (a) A limited partnership is an entity distinct from its partners. A limited partnership is the same entity...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 105
  Powers. A limited partnership has the powers to do all things necessary or convenient to carry on its activities, including the power to sue, be...
• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 106
  Governing law. The law of this State governs relations among the partners of a limited partnership and between the partners and the limited partnership and...
• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 107
  Supplemental principles of law; rate of interest.

  (a) Unless displaced by particular provisions of this Act, the principles of law and equity supplement this...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 108
  Name.

  (a) The name of a limited partnership may contain the name of any partner.

  (b) The name of a limited partnership that is...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 108.5
  Assumed name.

  (a) A limited partnership or a foreign limited partnership admitted to transact business in this State may elect to adopt an assumed...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 109
  Reservation of name.

  (a) The exclusive right to the use of a name that complies with Section 108 may be reserved by:

  (1) a...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 110
  Effect of partnership agreement; nonwaivable provisions.

  (a) Except as otherwise provided in subsection (b), the partnership agreement governs relations among the partners and between...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 111
  Required information. A limited partnership shall maintain at its designated office the following information:

  (1) a current list showing the full name and last

  ...
• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 112
  Business transactions of partner with partnership. A partner may lend money to and transact other business with the limited partnership and has the same rights...
• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 113
  Dual capacity. A person may be both a general partner and a limited partner. A person that is both a general and limited partner has...
• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 114
  Office and agent for service of process.

  (a) A limited partnership shall designate and continuously maintain in this State:

  (1) an office, which need...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 115
  Change of designated office or agent for service of process.

  (a) In order to change its designated office, agent for service of process, or...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 116
  Resignation of agent for service of process.

  (a) In order to resign as an agent for service of process of a limited partnership or...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 117
  Service of process.

  (a) An agent for service of process appointed by a limited partnership or foreign limited partnership is an agent of the...

• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 118
  Consent and proxies of parties. Action requiring the consent of partners under this Act may be taken without a meeting, and a partner may appoint...
• Illinois Uniform Limited Partnership Act (2001). - 805 ILCS 215, Section 119
  Locale misrepresentation.

  (a) A person shall not advertise or cause to be listed in a telephone directory an assumed or fictitious business name that...

Last modified: February 20, 2012