You can open the LLC Operating Agreement Template Illinois in multiple formats, including PDF, Word, and Google Docs.
LLC Operating Agreement Template Illinois Printable | Editable FormSample
[Name of the Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
[Name of the Member 2]
[Member 2’s ID]
[Member 2’s Address]
This Operating Agreement is effective as of [Effective Date].
The Members hereby form a Limited Liability Company under the laws of the State of Illinois.
The name of the LLC shall be [Name of the LLC].
The purpose of the LLC is to engage in any lawful act or activity for which limited liability companies may be organized under the laws of Illinois.
Members shall own membership interests in the LLC as follows:
[Member 1: Percentage]%
[Member 2: Percentage]%
Management of the LLC shall be vested in the Members. Decisions will be made by a majority vote of the membership interests.
Distributions shall be made to Members in proportion to their investment in the LLC.
The LLC shall maintain complete books and records of the LLC’s business and affairs.
The LLC shall indemnify its Members and officers to the fullest extent permitted by law.
This Operating Agreement may be amended only by a written agreement signed by all Members.
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
[Name of the Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
[Name of the Member 2]
[Member 2’s ID]
[Member 2’s Address]
This Operating Agreement is effective as of [Effective Date].
This Limited Liability Company is formed under the Illinois Limited Liability Company Act.
The name of the LLC shall be [Name of the LLC], and its principal office shall be located at [Office Address].
The purpose of the LLC shall be to conduct any lawful business for which a limited liability company may be organized.
Members and their respective ownership percentages shall be as follows:
[Member 1: Percentage]%
[Member 2: Percentage]%
Management shall be conducted by the Members, and each Member is authorized to bind the LLC.
Profits and losses shall be allocated to the Members in proportion to their respective membership interests.
The LLC shall maintain accurate books and records concerning its business and affairs.
Members shall be indemnified for any act or omission performed in good faith for the LLC.
This Agreement may be amended only by a written agreement executed by all Members.
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Form
Please complete the form below to create the LLC Operating Agreement Template for Illinois. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. LLC Operating Agreement Template for Illinois 1. LLC Information 2. Member Information 3. Purpose of the LLC 4. Management Structure 5. Capital Contributions 6. Profit and Loss Allocation 7. Distributions 8. Meetings 9. Indemnification 10. Amendments 11. Signatures and Acceptance
PDF
WORD
LLC Operating Agreement Template Illinois Printable | Editable FormPrintable
