The Chicago Illinois Articles of Organization for Domestic Limited Liability Company (LLC) is a legal document that must be filed with the Illinois Secretary of State when establishing a limited liability company in the state of Illinois. It provides essential information about the company and its structure. The articles of organization typically include the following key details: 1. Name of the LLC: The chosen name should comply with Illinois naming guidelines and include the words "Limited Liability Company" or its abbreviation "LLC." It should also be distinguishable from any existing businesses in the state. 2. Registered Agent: The articles must specify the name and address of the LLC's registered agent. This individual or entity serves as the official point of contact, responsible for receiving legal documents and correspondence on behalf of the LLC. 3. Principal Place of Business: The articles must state the street address of the LLC's principal place of business. This address will be considered the primary location of the LLC's operations. 4. Duration of Existence: The articles will define the duration of the LLC's existence, which can be perpetual or for a specified period. 5. Purpose of the LLC: The articles should clearly state the nature of the LLC's business activities. It is often beneficial to define the purpose broadly to allow for future business growth and diversification. 6. Management Structure: The articles must specify whether the LLC will be member-managed or manager-managed. In member-managed LCS, all members have the authority to manage the company. In manager-managed LCS, members appoint designated managers to handle daily operations. 7. Members' Rights and Obligations: The articles may outline the rights, responsibilities, and obligations of the LLC's members, such as profit distribution, voting rights, and buyout provisions. 8. Organizer's Information: The articles should provide the names and addresses of the LLC's organizers, who are responsible for filing the document. It is important to note that the Chicago Illinois Articles of Organization for Domestic Limited Liability Company LLC apply to all LCS across the state of Illinois, not just those located in the city of Chicago. The term "Chicago" in the description is used to specify the location within the state. While the information provided above covers the general requirements for the articles of organization, it is essential to consult the official guidelines and forms provided by the Illinois Secretary of State's website for the most up-to-date and accurate instructions.
Chicago Illinois Articles of Organization for Domestic Limited Liability Company LLC
State:
Illinois
City:
Chicago
Control #:
IL-00LLCT
Format:
PDF
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Description llc series illinois
This state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new limited liability company. The form contains basic information concerning the LLC, normally including the LLC's name, names of the organizers, members and/or managers, purpose and duration of the LLC, the registered address, registered agent, and related information.
The Chicago Illinois Articles of Organization for Domestic Limited Liability Company (LLC) is a legal document that must be filed with the Illinois Secretary of State when establishing a limited liability company in the state of Illinois. It provides essential information about the company and its structure. The articles of organization typically include the following key details: 1. Name of the LLC: The chosen name should comply with Illinois naming guidelines and include the words "Limited Liability Company" or its abbreviation "LLC." It should also be distinguishable from any existing businesses in the state. 2. Registered Agent: The articles must specify the name and address of the LLC's registered agent. This individual or entity serves as the official point of contact, responsible for receiving legal documents and correspondence on behalf of the LLC. 3. Principal Place of Business: The articles must state the street address of the LLC's principal place of business. This address will be considered the primary location of the LLC's operations. 4. Duration of Existence: The articles will define the duration of the LLC's existence, which can be perpetual or for a specified period. 5. Purpose of the LLC: The articles should clearly state the nature of the LLC's business activities. It is often beneficial to define the purpose broadly to allow for future business growth and diversification. 6. Management Structure: The articles must specify whether the LLC will be member-managed or manager-managed. In member-managed LCS, all members have the authority to manage the company. In manager-managed LCS, members appoint designated managers to handle daily operations. 7. Members' Rights and Obligations: The articles may outline the rights, responsibilities, and obligations of the LLC's members, such as profit distribution, voting rights, and buyout provisions. 8. Organizer's Information: The articles should provide the names and addresses of the LLC's organizers, who are responsible for filing the document. It is important to note that the Chicago Illinois Articles of Organization for Domestic Limited Liability Company LLC apply to all LCS across the state of Illinois, not just those located in the city of Chicago. The term "Chicago" in the description is used to specify the location within the state. While the information provided above covers the general requirements for the articles of organization, it is essential to consult the official guidelines and forms provided by the Illinois Secretary of State's website for the most up-to-date and accurate instructions.
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