Illinois

• Author: Phillip L. Jelsma/Pamela Everett Nollkamper
• Pages: 727-746

ILLINOIS

IL-1

ILLINOIS

§IL10. OVERVIEW

§11. Statute

§12. State Forms

§13. State Off‌ices

§IL20. TYPES OF LLCS

§21. Domestic LLCs

§22. Professional LLCs

§23. Non-Prof‌it LLCs

§24. Foreign LLCs

§25. Series LLCs

§26. Low-Prof‌it LLCs

§IL30. MEMBERS

§31. Single-Member Requirement

§32. New Members

§33. Management

§34. Voting

§35. Contributions and Distributions

§36. Statement of Authority

§37. Standard of Conduct

§IL40. LIABILITY

§41. Limited Liability

§42. Liability to Third Parties

§43. Limited Liability, Prof‌its and Losses

§44. Derivative Rights

§45. Creditor’s Rights

§46. Arbitration

§47. Indemnif‌ication

§IL50. TAXATION AND ESTATE PLANNING

§51. Securities

§52. State Taxation

§53. Federal Taxation

§54. Estate Planning

§IL60. PROCEDURES

§61. Articles of Organization

§62. Filing Procedures

ILLINOIS

The Limited Liability Company IL-2

§63. Amendment and Restatement

§64. Operating Agreement

§65. Reporting Requirements

§66. Company Records

§67. Default Rules

§IL70. MERGER, CONVERSION AND DOMESTICATION

§71. Merger

§72. Conversion

§73. Domestication

§IL80. WITHDRAWAL, DISSOCIATION AND DISSOLUTION

§81. Withdrawal

§82. Dissociation

§83. Dissolution

§IL90. FILING AND MISCELLANEOUS FEES