Forming and Organizing an LLC (IL) | Practical Law

Forming and Organizing an LLC (IL) | Practical Law

A Practice Note describing the procedural steps, documents, and considerations for forming an Illinois limited liability company (LLC) under the Illinois Limited Liability Company Act (LLCA). This Note discusses initial considerations, organizational documents such as the articles of organization and operating agreement, pre- and post-formation matters, and other important issues.

Forming and Organizing an LLC (IL)

Practical Law Practice Note w-000-1467 (Approx. 26 pages)

Forming and Organizing an LLC (IL)

by Practical Law Corporate & Securities
Law stated as of 14 Aug 2023 • Illinois
A Practice Note describing the procedural steps, documents, and considerations for forming an Illinois limited liability company (LLC) under the Illinois Limited Liability Company Act (LLCA). This Note discusses initial considerations, organizational documents such as the articles of organization and operating agreement, pre- and post-formation matters, and other important issues.