This book was updated on August 26 2018. Table of Contents ILLINOIS LIMITED LIABILITY COMPANY ACT 2018 EDITION1 ARTICLE 1. GENERAL PROVISIONS2 ARTICLE 5. ORGANIZATION19 ARTICLE 10. MEMBERS28 ARTICLE 13. RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH LIMITED LIABILITY COMPANY30 ARTICLE 15. MANAGEMENT33 ARTICLE 20. FINANCE40 ARTICLE 25. DISTRIBUTIONS42 ARTICLE 30. TRANSFER OF DISTRIBUTIONAL INTERESTS46 ARTICLE 35. DISSOLUTION AND DISSOCIATION49...
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