The General Assembly shall at all times have power to prescribe such provisions and limitations as it may deem advisable, which provisions and limitations shall be binding upon any and all limited liability companies or foreign limited liability companies, subject to the provisions of this Act, and the General Assembly shall have power to amend, repeal, or modify this Act.
805 ILCS 180/1-60
Certain powers reserved to General Assembly
Known as the Limited Liability Company Act
The act spans §§ 805-180-1-1 to 805-180-1-65 (22 sections).
P.A. 87-1062.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.