IL LLC-1.20 2017-2026 free printable template
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FormLLC1.20FILE #Illinois
Limited Liability Company Act July 2017ResetThis space for use by Secretary of State. Application to Adopt, Change, Cancel
or Renew an Assumed Name Secretary of State
Department
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How to fill out assumed name certificate form
How to fill out IL LLC-1.20
01
Obtain the IL LLC-1.20 form from the Illinois Secretary of State's website.
02
Fill in the name of the LLC as it is officially registered.
03
Provide the principal office address of the LLC.
04
List the names and addresses of the LLC members or managers.
05
Indicate the duration of the LLC (perpetual or a specific period).
06
Include any additional provisions if necessary.
07
Sign and date the form.
08
Submit the completed form along with any required fees to the appropriate state office.
Who needs IL LLC-1.20?
01
Individuals or groups establishing a limited liability company (LLC) in Illinois.
02
Existing LLCs in Illinois that need to report changes or updates as required by state law.
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People Also Ask about
What is the assumed name law in Illinois?
The Illinois Assumed Business Name Act requires a business to use an assumed name in a business as long as the full legal name of the business (corporation or LLC) is also shown in the name. (805 ILCS 5/4.15) The purpose of this law is to prevent fraud on consumers or other businesses.
What is the meaning of assumed name?
Definitions of assumed name. a name that has been assumed temporarily. synonyms: alias, false name.
How much does it cost to file an assumed name in Illinois?
Fees. $200 ($150 Filing Fee, $50 expedited fee) Domestic or Foreign Business Corporation – Expedited (24 Hour) Service. Please note that 24 hour expedited service excludes weekends and holidays. Payment must be in the form of a credit card — Visa, MasterCard, Discover or American Express.
What is an assumed name in Illinois?
The Clerk's office registers business names known as "assumed names" (or DBA) for new businesses in ance with Illinois law. An assumed name is issued to any business entity that uses a name other than the name(s) of the individual(s) who own or operate the business.
Does Illinois require a DBA?
Under Illinois law, all businesses are required to register alternative trade names by filing for a DBA if the business seeks to operate under a different name than the name used when it was formed. In the case of a sole proprietorship, any name different than the owner's legal name requires registration.
How do I get a certificate of assumed name in Illinois?
To apply for an assumed name certificate the business owner must fill out a form. This form can be obtained from our office in person or by mail. The fee for filing for this certificate is $5.00.
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What is IL LLC-1.20?
IL LLC-1.20 is a form used by Limited Liability Companies (LLCs) in Illinois to report certain information to the state.
Who is required to file IL LLC-1.20?
Any Limited Liability Company (LLC) operating in Illinois is required to file IL LLC-1.20.
How to fill out IL LLC-1.20?
To fill out IL LLC-1.20, you must provide the company's name, address, registered agent information, and other required details as specified on the form.
What is the purpose of IL LLC-1.20?
The purpose of IL LLC-1.20 is to ensure that the state has updated records of LLCs and their operational details.
What information must be reported on IL LLC-1.20?
The information that must be reported on IL LLC-1.20 includes the LLC name, business address, registered agent, and members or managers of the LLC.
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