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LLC Governing Documents – Operating Agreement or Shareholder Agreement?

What legal documents govern the business and affairs of a limited liability company? Typically, the business and affairs of a…

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Can an LLC appoint officers?

  Recently, the question came up on whether an Illinois LLC can appoint officers.  Traditionally, the individuals with authority to…

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ILLINOIS REDUCES LLC FILING FEES

ILLINOIS REDUCES LLC FILING FEES

Effective December 20, 2017, the State of Illinois reduced many of its limited liability company (LLC) filing fees: https://www.illinois.gov/dceo/Media/PressReleases/Pages/PR20171220.aspx Per…

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