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 Llc 37 40 2012-2025

37 40 2012-2025 Form

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What is the LLC 37 40?

The LLC 37 40 form, also known as the Illinois LLC Certificate of Designation, is a crucial document for businesses operating as limited liability companies (LLCs) in Illinois. This form is specifically used to designate a series LLC, which allows a single LLC to create multiple series, each with its own assets and liabilities. Understanding the purpose and requirements of the LLC 37 40 is essential for compliance with state regulations.

How to Use the LLC 37 40

Using the LLC 37 40 involves several steps to ensure that your series LLC is properly established and recognized by the state. First, you must complete the form with accurate information regarding your LLC and the specific series being designated. This includes naming the series, providing the principal office address, and detailing the management structure. Once completed, the form must be submitted to the Illinois Secretary of State along with the required filing fee.

Steps to Complete the LLC 37 40

Completing the LLC 37 40 form requires careful attention to detail. Follow these steps:

  • Obtain the latest version of the LLC 37 40 form from the Illinois Secretary of State's website.
  • Fill in the required fields, including the name of the series and the address of the principal office.
  • Include the names and addresses of the managers or members responsible for the series.
  • Review the form for accuracy and completeness.
  • Submit the completed form along with the appropriate filing fee to the Secretary of State.

Legal Use of the LLC 37 40

The legal use of the LLC 37 40 is governed by Illinois state law. This form must be filed to create a valid series LLC, which provides liability protection for each series within the LLC structure. It is essential to adhere to all legal requirements to maintain the integrity of the series and protect the assets associated with each series from liabilities incurred by others.

Required Documents

When filing the LLC 37 40, certain documents may be required to accompany the form. These typically include:

  • A copy of the original LLC formation documents.
  • Any amendments or previous designations related to the LLC.
  • Proof of payment for the filing fee.

Ensuring that all required documents are included will facilitate a smoother approval process.

Who Issues the Form

The LLC 37 40 form is issued by the Illinois Secretary of State. This office is responsible for maintaining business records and ensuring compliance with state laws regarding LLCs and their designations. It is advisable to check the Secretary of State's website for the most current information and any updates to the form or filing process.

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