• Organizers file the articles of organization, along with the required processing fees, with the Illinois Secretary of State. Once the filing is officially approved, the business begins its existence, as a separate legal entity.  It can be organized at the time of filing or at any later time, not more than 60 days after the filing of the Articles, as specified in the Articles
• First, choose the name of your LLC. The name must be clearly different from the name of another business. So, at no extra charge, Proactive Management will perform three name searches to determine if your desired name(s) are available. 
• This name must also include one of the following terms: "limited liability company," "L.C.," or "L.L.C."  The name must not include the following terms: "Corporation," "Corp.," Incorporated," "Inc.," "Ltd.," "Co.," "Limited Partnership," or "L.P."
• The Articles of Organization will address
  • The name and business addresses of each organizer, along with the signature of at least one organizer 
  • Address of the firm's principal place of business which may or may not be located in the State
  • The purpose of the organization may be stated to be, or to include, the transaction of any or all lawful business purposes available to an LLC.  For some purposes including but not limited to insurance, dentistry, accepting or executing trusts, medical practice, or operation as a bank or savings bank, additional restrictions may apply. 
  • The street address of the firm's registered office and the name of the registered agent at that location 
  • A statement as to whether the management of the limited liability company will be vested in one or more managers. 
  • If the duration is not perpetual, then indicate the latest date, if any, upon which the LLC is to dissolve and other events of dissolution, if any, that may be agreed upon by the members 

Disclaimer - Not Providing Legal Services - Proactive Management, Inc. presents the material on this site as general information only. It is not offered as and does not constitute legal advice or legal opinion and should not serve as a substitute for advice from an attorney or accountant familiar with the facts of your specific situation. We provide business formation services. We are not a law firm and do not provide legal or tax advice or services. We make no warranty, express or implied concerning the accuracy or reliability of the content at this site or at other sites to which we link.