The Illinois Order of Consolidation is a legal instrument issued by the Circuit Court of the State of Illinois that allows multiple entities to combine into one. This document, also known as an Order of Consolidation, is commonly used when two or more businesses wish to combine assets or liabilities, to create a new entity, to merge into an existing organization, or to effect a sale or transfer between the parties. The Order of Consolidation can be used to combine corporations, limited liability companies, partnerships, limited partnerships, and other legal entities. There are two types of Illinois Order of Consolidation: full consolidation and limited consolidation. A full consolidation involves the combination of all the assets, liabilities, and rights of the merging entities into a single entity. A limited consolidation involves the consolidation of just some assets, liabilities, and rights of the merging entities, while the rest remain separate. In either case, the document must be approved by the Circuit Court in order to be legally binding.