Illinois Compiled Statutes 805 ILCS 180/5-10 – Amendment to articles of organization
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Terms Used In Illinois Compiled Statutes 805 ILCS 180/5-10
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
A limited liability company may amend its articles of organization at any time to add a new provision or to change or remove an existing provision, provided that the articles as amended contain only provisions that are required or permitted in original articles of organization at the time of amendment.