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 Il486   Form 2014

Illinois Application Articles 2014-2025 Form

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What is the IL-486 Form

The IL-486 form, also known as the Illinois Application Articles, is a crucial document used for the registration of a limited liability company (LLC) in the state of Illinois. This form outlines essential information about the business, including its name, address, and the names of its members or managers. Properly completing the IL-486 form is vital for ensuring that your business is recognized as a legal entity under Illinois law.

Steps to Complete the IL-486 Form

Completing the IL-486 form requires careful attention to detail. Here are the key steps:

  • Begin by entering the name of your LLC, ensuring it complies with Illinois naming regulations.
  • Provide the principal office address of the LLC, which must be a physical address in Illinois.
  • List the names and addresses of the LLC members or managers, ensuring accuracy.
  • Include the purpose of the LLC, which should be a brief description of the business activities.
  • Sign and date the form, ensuring that the person signing has the authority to do so.

Legal Use of the IL-486 Form

The IL-486 form serves as the official application for establishing an LLC in Illinois. Its legal validity hinges on the accuracy and completeness of the information provided. This form must be filed with the Illinois Secretary of State to ensure that the LLC is recognized legally. Failure to submit a properly completed IL-486 can result in delays or denial of the application.

Required Documents

When filing the IL-486 form, certain documents may be required to support your application. These include:

  • A copy of the LLC's operating agreement, if applicable.
  • Identification for the individuals listed on the form.
  • Any additional documentation that may be necessary based on the nature of the business.

Form Submission Methods

The IL-486 form can be submitted through multiple methods, providing flexibility for applicants. You can file the form online through the Illinois Secretary of State's website, or you may choose to mail a physical copy to the appropriate office. In-person submissions are also accepted at designated locations. Choosing the right method depends on your preference and urgency.

Eligibility Criteria

To successfully file the IL-486 form, you must meet specific eligibility criteria. These include:

  • Being a legal resident or entity authorized to do business in Illinois.
  • Having a unique name that complies with state regulations.
  • Providing accurate information about the members or managers of the LLC.

Application Process & Approval Time

The application process for the IL-486 form involves several steps, starting from form completion to submission. Once submitted, the processing time can vary. Typically, online submissions are processed faster than those sent by mail. Applicants should expect a response within a few weeks, depending on the volume of applications being handled by the Illinois Secretary of State.

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