805 ILCS 180/5-50

Current through Public Act 103-1052
Section 805 ILCS 180/5-50 - Amendment or termination by judicial act

If a person required by Section 5-45 to execute an amendment or statement of termination fails or refuses to do so, any other member and any transferee of a limited liability company interest, who is adversely affected by the failure or refusal, may petition a court to direct the amendment or statement of termination . If the court finds that the amendment or statement of termination is proper and that any person so designated has failed or refused to execute the amendment or statement of termination , it shall order the Secretary of State to record an appropriate amendment or statement of termination .

805 ILCS 180/5-50

Amended by P.A. 099-0637,§ 5, eff. 7/1/2017.
P.A. 90-424, eff. 1-1-98.