Illinois § 5-15
Full text of Illinois Illinois Compiled Statutes § 5-15, with citation guidance and answers to common questions.
§ 5-15.
Amendment by managers. A majority of the managers of a limited liability company may adopt one or more amendments to its articles of organization without member action to do any of the following: (1) To remove the name and address of any manager named in the articles of organization who is no longer a manager. (2) To remove the name and address of the initial registered agent or the address of the initial registered office, if a statement of change is on file with the Secretary of State. (3) To change the company name by substituting the words "limited liability company" for the abbreviation "L.L.C." or "LLC" or vice versa, or by adding a geographical attribution to the name. (4) To restate its articles of organization as currently amended; such articles supersede the original articles and all amendments thereto. (Source: P.A. 90-424, eff. 1-1-98.)
Frequently Asked Questions About Illinois § 5-15
What does Illinois Compiled Statutes § 5-15 cover?
Section 5-15 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 § 5-15?
A common citation format is "Illinois Compiled Statutes § 5-15" (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 § 5-15 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.