Illinois § 1-65
Full text of Illinois Illinois Compiled Statutes § 1-65, with citation guidance and answers to common questions.
§ 1-65.
Governing law. The law of this State governs: (1) the internal affairs and organization of a limited liability company; (2) the liability of a member as member and a manager as manager for the debts, obligations, or other liabilities of a limited liability company; (3) the internal affairs and establishment of a series of a limited liability company; (4) the liability of a member or a manager associated with a series for the debts, obligations, or other liabilities of the series; and (5) the liability of a series for the debts, obligations, or other liabilities of the limited liability company that established the series or for another series established by the limited liability company, and the liability of the limited liability company for the debts, obligations, or other liabilities of a series established by the limited liability company. (Source: P.A. 99-637, eff. 7-1-17.)
Frequently Asked Questions About Illinois § 1-65
What does Illinois Compiled Statutes § 1-65 cover?
Section 1-65 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 1-65?
A common citation format is "Illinois Compiled Statutes § 1-65" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 1-65 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.