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SUBMIT IN DUPLICATE Type or print clearly. Approved n the file date n a later date not to exceed 30 days after the file date Month Day Year 3. Articles of organization are amended as follows check applicable item s below n a Admission of a new manager give name and address below n b Withdrawal of a manager give name below n c Change in address of the office at which the records required by Section 1-40 of the Act are kept give new address a P. O. Box alone or C/O is unacceptable n d Change of r ...

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How much does it cost to change the name of an LLC in Illinois?

Corporations Limited Liability Companies LaSalle Street, Room 800, Chicago, IL 60602 within sixty days of the name change and complete the required change of legal entity name application form. The application fee is $40.

What happens if one partner wants to leave an LLC?

If you pay the fair market value (decided by the courts) on time and in full for the outgoing members interest in the LLC then the LLC can continue to operate and exist. If not the LLC, dissolves and winds down and once all liabilities of the LLC are paid off, each member gets their percentage of the remaining assets.

How can the articles of incorporation be amended?

The meeting of the stockholders must first take place and the issue of the amendment must be assented to by stockholders representing at least 2/3 of the outstanding capital stock. Thereafter, it must be approved by at least a majority of the board of directors and duly certified by the Corporate Secretary.

How do I remove a partner from an LLC with the IRS?

If the member you are removing is also your Responsible Party, you will need to name a new Responsible Party and file the correct form with the IRS. The form you will use to change your Responsible Party is Form 8822-B, and you will need to file this form within 60 days of the membership change.

How do I amend an article of organization in Illinois?

To amend your Articles of Organization for an Illinois LLC, you must file Articles of Amendment with the Illinois Secretary of State, Department of Business Services, Limited Liability Division. In addition, you must pay a $50 filing fee.

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How do I change the name of my LLC?

Here are the steps to take to change an LLC name: Find out if your new name is available. Approve a resolution to change business name. Amend your articles of organization to change LLC name. Amend your operating agreement. Notify taxing and licensing agencies. Change the name on business accounts.

Can I change my LLC name in Illinois?

A name-change amendment may be filed online and will be processed within the time frame chosen by the filer. Non-expedited service will be reviewed within 10 days of submission. Expedited service submissions will be reviewed for compliance within 24 hours (excluding weekends and holidays).

How do I dissolve an LLC partnership in Illinois?

To dissolve/terminate your domestic LLC in Illinois, you must submit the completed form LLC-35-15, Statement of Termination in duplicate to the Illinois Secretary of State by mail or in person along with the filing fee.

How do I update my articles of incorporation in Illinois?

Updating your Business Information electronically through MyTax Illinois, by calling us at 217-785-3707, by email at REV.CentReg@illinois.gov, or. at one of our offices.

Can I change my business name in Illinois?

Only domestic business corporations in good standing (including medical corporations and professional service corporations) can file Articles of Amendment online. Changing the name of the corporation is the only amendment to the articles of incorporation that can be accepted online.