Public Act 096-0984
 		





SB2553 Enrolled
LRB096 17834 DRJ 33202 b





  
    AN ACT concerning business.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  
 
 
    Section 5. The Limited Liability Company Act is amended  by 
changing Section 1-28 as follows:
 
    (805 ILCS 180/1-28)
    Sec. 1-28 1-26. Certificate of Registration; Department of 
Financial and Professional Regulation. This Section applies 
only to a limited liability company that intends to provide, or 
does provide, professional services that require the 
individuals engaged in the profession to be licensed by the 
Department of Financial and Professional Regulation. A limited 
liability company covered by this Section shall not open, 
operate, or maintain an establishment for any of the purposes 
for which a limited liability company may be organized under 
this Act without obtaining a certificate of registration from 
the Department.
    Application for such registration shall be made in writing 
and shall contain the name and address of the limited liability 
company and such other information as may be required by the 
Department. Upon receipt of such application, the Department 
shall make an investigation of the limited liability company. 
If the Department finds that the organizers, managers, and 
members are each licensed pursuant to the laws of Illinois to 
engage in the particular profession or related professions 
involved (except that an initial organizer may be a licensed 
attorney) and if no disciplinary action is pending before the 
Department against any of them and if it appears that the 
limited liability company will be conducted in compliance with 
the law and the rules and regulations of the Department, the 
Department shall issue, upon payment of a registration fee of 
$50, a certificate of registration.
    Upon written application of the holder, the Department 
shall renew the certificate if it finds that the limited 
liability company has complied with its regulations and the 
provisions of this Act and the applicable licensing Act. This 
fee for the renewal of a certificate of registration shall be 
calculated at the rate of $40 per year.


The certificate of 
registration shall be conspicuously posted upon the premises to 
which it is applicable, and the limited liability company shall 
have only those offices which are designated by street address 
in the articles of organization, or as changed by amendment of 
such articles. A certificate of registration shall not be 
assignable.
    All fees collected under this Section shall be deposited 
into the General Professions Dedicated Fund. 

(Source: P.A. 96-679, eff. 8-25-09; revised 10-16-09.)