Chapter 805, BUSINESS ORGANIZATIONS

(805 ILCS 215/0.01) Sec. 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.)

(805 ILCS 40/1) Sec. 1. Short title. This Act may be cited as the Benefit Corporation Act. (Source: P.A. 97-885, eff. 1-1-13.)

(805 ILCS 180/1-1) Sec. 1-1. Short title. This Act may be cited as the Limited Liability Company Act. (Source: P.A. 87-1062.)

(805 ILCS 180/1-10) Sec. 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 this Act: (1) shall contain the terms "limited liability company", "L.L.C.", or …

(805 ILCS 180/1-15) Sec. 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 intending to organize a limited liability company under this Act which will have that name. (2) A limited liability company or an…

(805 ILCS 180/1-20) Sec. 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 business in Illinois may elect to adopt an assumed name that complies with the require…

(805 ILCS 180/1-25) Sec. 1-25. Nature of business. (a) A limited liability company may be formed for any lawful purpose or business except insurance unless, for the purpose of carrying on business as a member of a group including incorporated and individual unincorporated underwr…

(805 ILCS 180/1-26) Sec. 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 purposes within the meaning of Section 170(c)(2)(B) of the Internal…

(805 ILCS 180/1-27) Sec. 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 intentionally misrepresents where the business is actually located or operating or falsely states t…

(805 ILCS 180/1-28) Sec. 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, professional services that require the individuals engaged in the pr…

(805 ILCS 180/1-30) Sec. 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 defend, and participate in administrative or other proceedings, in its name. (2) Have a seal, which may be al…

(805 ILCS 180/1-35) Sec. 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 registered office, which agent must be an individual resident of this S…

(805 ILCS 180/1-36) Sec. 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 the address of its registered office. A domestic limited liability company or a foreign lim…

(805 ILCS 180/1-37) Sec. 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 of the foreign limited liability company, for which he or she or it is a registered agent, to …

(805 ILCS 180/1-40) Sec. 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 of organization or other reasonable locations specified in the operating agreement all of the following: (1) A …

(805 ILCS 180/1-43) Sec. 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, eff. 1-1-98.)

(805 ILCS 180/1-46) Sec. 1-46. Applicability of statute of frauds. An operating agreement is enforceable whether or not there is a writing signed or record authenticated by a party against whom enforcement is sought, even if the agreement is not capable of performance within one …

(805 ILCS 180/1-5) Sec. 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 date the articles of organization filed under Section 5-5 of this Act were filed by the Office of…

(805 ILCS 180/1-50) Sec. 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 liability company or foreign limited liability company shall be served either upon the registered age…

(805 ILCS 180/1-55) Sec. 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 formed under this Act be recognized beyond the limits of this State and that, subject to any reasonabl…

(805 ILCS 180/1-6) Sec. 1-6. Electronic records. Any requirement in this Act that there be a writing or that any document, instrument, or agreement be written or in ink is subject to the provisions of the Uniform Electronic Transactions Act. (Source: P.A. 102-38, eff. 6-25-21.)…

(805 ILCS 180/1-60) Sec. 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 deem advisable, which provisions and limitations shall be binding upon any and all limited liabili…

(805 ILCS 180/1-65) Sec. 1-65. Governing law. The law of this State governs: (1) the internal affairs and organization of a limited liability company; (2) the liability of a member as member and a manager as manager for the debts, obligations, or other liabilities of a limited li…

(805 ILCS 5/1.01) (from Ch. 32, par. 1.01) Sec. 1.01. Short title. This Act shall be known and may be cited as the "Business Corporation Act of 1983". (Source: P.A. 83-1025.)

(805 ILCS 40/1.05) Sec. 1.05. Application and effect of the Act. (a) This Act shall be applicable to all benefit corporations. (b) The existence of a provision of this Act shall not of itself create an implication that a contrary or different rule of law is applicable to a corpor…

(805 ILCS 5/1.05) (from Ch. 32, par. 1.05) Sec. 1.05. Powers of Secretary of State. The Secretary of State shall have the power and authority reasonably necessary to administer this Act efficiently and to perform the duties therein imposed. The Secretary of State shall have the p…

(805 ILCS 40/1.10) Sec. 1.10. Definitions. As used in this Act, unless the context otherwise requires, the words and phrases defined in this Section shall have the meanings set forth herein. "Benefit corporation" means a corporation organized under the Business Corporation Act of…

(805 ILCS 5/1.10) (from Ch. 32, par. 1.10) Sec. 1.10. Forms, execution, acknowledgment and filing. (a) All reports required by this Act to be filed in the office of the Secretary of State shall be made on forms which shall be prescribed and furnished by the Secretary of State. Fo…

(805 ILCS 5/1.11) Sec. 1.11. Electronic filing. Documents or reports transmitted for filing electronically must include the name of the person making the submission. The inclusion shall constitute the affirmation or acknowledgment of the person, under penalties of perjury, that t…

(805 ILCS 5/1.15) (from Ch. 32, par. 1.15) Sec. 1.15. Statement of correction. (a) Whenever any instrument authorized to be filed with the Secretary of State under any provision of this Act has been so filed and, as of the date of the action therein referred to, contains any miss…

(805 ILCS 5/1.17) (from Ch. 32, par. 1.17) Sec. 1.17. Petition for refund or adjustment of license fee, franchise tax, penalty, or interest. (a) Any domestic corporation or foreign corporation having authority to transact business in this State may petition the Secretary of State…

(805 ILCS 5/1.20) (from Ch. 32, par. 1.20) Sec. 1.20. Certificates and certified copies of certain documents to be received in evidence. All certificates issued by the Secretary of State in accordance with the provisions of this Act and all copies of documents filed in the Secret…

(805 ILCS 5/1.25) (from Ch. 32, par. 1.25) Sec. 1.25. List of corporations; exchange of information. (a) The Secretary of State shall publish each year a list of corporations filing an annual report for the preceding year in accordance with the provisions of this Act, which repor…

(805 ILCS 5/1.30) (from Ch. 32, par. 1.30) Sec. 1.30. Abstract of corporate record. (a) The Secretary of State may, upon receipt of a written request and payment of a fee as determined by the Secretary, furnish to the person or agency so requesting an abstract of the corporate re…

(805 ILCS 5/1.35) (from Ch. 32, par. 1.35) Sec. 1.35. Interrogatories to be propounded by Secretary of State. The Secretary of State may propound to any corporation, domestic or foreign, subject to the provisions of this Act, and to any officer or director thereof, such interroga…

(805 ILCS 5/1.40) (from Ch. 32, par. 1.40) Sec. 1.40. Information disclosed by interrogatories. Interrogatories propounded by the Secretary of State and the answers thereto shall not be open to public inspection nor shall the Secretary of State disclose any facts or information o…

(805 ILCS 5/1.45) (from Ch. 32, par. 1.45) Sec. 1.45. Judicial review under the Administrative Review Law. If the Secretary of State shall fail to approve any articles of incorporation, amendment, merger, consolidation, dissolution, petition for reduction or refund, or any other …

(805 ILCS 5/1.50) (from Ch. 32, par. 1.50) Sec. 1.50. Administrative Procedure Act. The Illinois Administrative Procedure Act is expressly adopted and incorporated herein as if all of the provisions of that Act were included in this Act, except that the provision of subsection (d…

(805 ILCS 5/1.55a) (from Ch. 32, par. 1.55a) Sec. 1.55a. Certain powers reserved to General Assembly. The General Assembly shall at all times have power to prescribe such provisions and limitations as it may deem advisable, which provisions and limitations shall be binding upon a…

(805 ILCS 5/1.60) (from Ch. 32, par. 1.60) Sec. 1.60. Effect of repeal of prior law on rights accrued or liabilities or penalties incurred. The repeal of a law by this Act shall not affect any right accrued or established, or any liability or penalty incurred, under the provision…

(805 ILCS 5/1.63) Sec. 1.63. Conversions and domestications. Conversions and domestications are governed by the Entity Omnibus Act. (Source: P.A. 100-561, eff. 7-1-18.)

(805 ILCS 5/1.65) (from Ch. 32, par. 1.65) Sec. 1.65. Effect of invalidity of part of this Act. If a court of competent jurisdiction shall adjudge to be invalid or unconstitutional any clause, sentence, paragraph, section, or part of this Act, such judgment shall not affect, impa…

(805 ILCS 5/1.70) (from Ch. 32, par. 1.70) Sec. 1.70. Miscellaneous applications. (a) Application to existing corporations organized under general laws. The provisions of this Act shall apply to all existing corporations, including public utility corporations, organized under any…

(805 ILCS 5/1.80) (from Ch. 32, par. 1.80) Sec. 1.80. Definitions. As used in this Act, unless the context otherwise requires, the words and phrases defined in this Section shall have the meanings set forth herein. (a) "Corporation" or "domestic corporation" means a corporation s…

(805 ILCS 206/100) Sec. 100. Short title. This Act may be cited as the Uniform Partnership Act (1997). (Source: P.A. 92-740, eff. 1-1-03.)

(805 ILCS 415/101) Sec. 101. Short title. This Act may be cited as the Entity Omnibus Act. (Source: P.A. 100-561, eff. 7-1-18.)

(805 ILCS 215/101) Sec. 101. Short title. (See Section 0.01 for short title.) (Source: P.A. 93-967, eff. 1-1-05.)

(805 ILCS 206/101) Sec. 101. Definitions. In this Act: (a) "Business" includes every trade, occupation, and profession. (b) "Debtor in bankruptcy" means a person who is the subject of: (1) an order for relief under Title 11 of the United States Code or a comparable order under a …

(805 ILCS 105/101.01) (from Ch. 32, par. 101.01) Sec. 101.01. Short title. This Act shall be known and may be cited as the "General Not For Profit Corporation Act of 1986". (Source: P.A. 84-1423.)

(805 ILCS 105/101.05) (from Ch. 32, par. 101.05) Sec. 101.05. Powers of Secretary of State. The Secretary of State shall have the power and authority reasonably necessary to administer this Act efficiently and to perform the duties therein imposed. (Source: P.A. 84-1423.)