The process of dissolving a Limited Liability Company (LLC) in Illinois is formalized with the submission of Form LLC-35.15, as mandated by the Secretary of State's Department of Business Services. This essential document, effective from July 2017, outlines the procedure for LLCs to officially terminate their legal entity status under the Illinois Limited Liability Company Act. Entities are required to submit the form in duplicate, ensuring a thorough record of their cessation is documented. The form not only requests basic information such as the LLC name and post office address for future legal correspondence but also necessitates an affirmation, under the penalties of perjury, that the entity is legitimately concluding its operations. At a minimal filing fee of $5, this procedure is made accessible, yet the warning of a void filing if the payment is returned for any reason emphasizes the seriousness with which this process is undertaken. The signature section further underscores the form's legal weight, requiring a declaration of the truthfulness and completeness of the provided information by an authorized individual, thereby sealing the LLC's fate toward termination. This document, therefore, represents a crucial step for LLCs in Illinois to navigate the legal landscape of ceasing operations, demanding accuracy, and honesty in its completion.
| Question | Answer |
|---|---|
| Form Name | Form Llc 35 15 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | dissolution of business illinois state, il dissolution form, illinois dissolution form, how to dissolve an llc in illinois |
