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

• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-1
  Short title. This Act may be cited as the Limited Liability Company Act. (Source: P.A. 87-1062.)
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-5
  Definitions. As used in this Act, unless the context otherwise requires: "Anniversary" means that day every year exactly one or more years after: (i) the...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-10
  Limited liability company name. (a) The name of each limited liability company or foreign limited liability company organized, existing, or subject to the provisions of...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-15
  Reservation of name. (a) The exclusive right to the use of a name may be reserved by any of the following: (1) A person...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-20
  Assumed name. (a) A limited liability company or a foreign limited liability company admitted to transact business or making application for admission to transact...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-25
  Nature of business. A limited liability company may be formed for any lawful purpose or business except: (1) (blank); (2) insurance unless, for the purpose...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-26
  Low-profit limited liability company. (a) A low-profit limited liability company shall at all times significantly further the accomplishment of one or more charitable or educational...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-27
  Locale misrepresentation. (a) A person shall not advertise or cause to be listed in a telephone directory an assumed or fictitious business name that...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-28
  Certificate of Registration; Department of Financial and Professional Regulation. This Section applies only to a limited liability company that intends to provide, or does provide,...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-30
  Powers. Each limited liability company organized and existing under this Act may do all of the following: (1) Sue and be sued, complain and...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-35
  Registered office and registered agent. (a) Each limited liability company and foreign limited liability company shall continuously maintain in this State a registered agent and...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-36
  Change of registered office or registered agent. (a) A domestic limited liability company or a foreign limited liability company may from time to time change...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-37
  Change of address of registered agent. (a) A registered agent may change the address of the registered office of the domestic limited liability company or...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-40
  Records to be kept. (a) Each limited liability company shall keep at the principal place of business of the company named in the articles...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-43
  Supplemental principles of law. Unless displaced by particular provisions of this Act, the principles of law and equity supplement this Act. (Source: P.A. 90-424,...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-45
  (Repealed). (Source: P.A. 87-1062. Repealed by P.A. 90-424, eff. 1-1-98.)
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-50
  Service of process on limited liability company. (a) Any process, notice, or demand required or permitted by law to be served upon either a limited...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-55
  Transaction of business outside of this State. It is intended by the enactment of this Act that the legal existence of limited liability companies...
• Illinois Limited Liability Company Act. - 805 ILCS 180, Section 1-60
  Certain powers reserved to General Assembly. The General Assembly shall at all times have power to prescribe such provisions and limitations as it may...

Last modified: February 18, 2015