Section 178.185  Foreign LLC with Prohibited Name

a)         A foreign LLC that has a name prohibited by this Part may be admitted to transact business in this State, if the foreign LLC:

1)         Elects to adopt an assumed name or names, in accordance with Section 178.180 of this Part, that complies with provisions of Section 1-10(a)(1) of the LLCA; and

2)         Agrees in its application for admission to transact business in this State only under such assumed name or names; and

3)         Maintains the foreign assumed name on the records of the Office of the Secretary of State or the company becomes subject to revocation of its admission.

b)         Failure to comply with subsections (a)(1) through (3) subjects the foreign LLC to revocation of its admission or its authority to transact business in this State.

(Source:  Amended at 46 Ill. Reg. 14358, effective July 27, 2022)