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Code · Illinois · Chapter 805 — BUSINESS ORGANIZATIONS · Act 185

Sec. 10. Application of the Limited Liability Company Act.

83 words·~1 min read·/il/chapter-805/act-185/10

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Sec. 10. Application of the Limited Liability Company Act. The Limited Liability Company Act, as now or hereafter amended, shall be applicable to professional limited liability companies, and they shall enjoy the powers and privileges and be subject to the duties, restrictions, and liabilities of other limited liability companies, except where inconsistent with the letter and purpose of this Act. This Act shall take precedence in the event of any conflict with the provisions of the Limited Liability Company Act or other laws.
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