Illinois Amendment to Articles of Incorporation regarding paying distributions out of any funds legally available therefor
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How to fill out Amendment To Articles Of Incorporation Regarding Paying Distributions Out Of Any Funds Legally Available Therefor?
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FAQ
If you sell your entire LLC, paperwork must be filed with the Secretary of State using form CBS-1 within 10 days of the sale. Partial ownership transfers will be recorded on the LLC's next annual report.
All corporations must use one of the following in their names, usually at the end of the name: ?Incorporated,? ?Corporation,? ?Limited? or their abbreviations.
Form BCA 5.10/5.20, Statement of Change of Registered Agent and/or Registered Office is the form to be used by all corporations and Form LLC-1.36/1.37, Statement of Change of Registered Agent and/or Office is used for all limited liability companies.
If you own a limited liability company (LLC) or a corporation, you can change your business name in Illinois by filing Articles of Amendment. Filing Articles of Amendment is a necessary step to changing your corporation's or LLC's name because it's part of keeping your business legally compliant.
To amend your Articles of Organization for an Illinois LLC, you must file Articles of Amendment with the Illinois Secretary of State, Department of Business Services, Limited Liability Division, along with a $50 filing fee.
Changing officers of a corporation involves filing the articles of incorporation while adhering to Illinois state codes. Directors add officers formally at an annual directors meeting but can do so at any time within the scope of the bylaws.
Directors. There must be at least three directors. They do not have to be Illinois residents or corporation members. You may list between three and seven directors on the Articles of Incorporation.