Illinois § 35-22 Revocation of termination

Illinois Statutes

§ 35-22 — Revocation of termination

Illinois § 35-22

JurisdictionIllinois

TopicBUSINESS AND EMPLOYMENT

Ch. 805BUSINESS ORGANIZATIONS

Act 805 ILCS 180/Limited Liability Company Act.

Art.Article 35 - Dissolution And Dissociation

This text of Illinois § 35-22 (Revocation of termination) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

805 Ill. Comp. Stat. 35-22 (2026).

Text

(a)A limited liability company may revoke its termination within 90 days after the effective date of termination if the limited liability company has not begun to distribute its assets or has not commenced a proceeding for court supervision of its winding up under Section 35-4.

(b)The limited liability company members or managers may revoke the termination if a majority of members or managers, respectively, approve the revocation.

(c)Within 90 days after the termination has been revoked by the limited liability company, articles of revocation of termination shall be executed and filed in duplicate in accordance with Section 5-45 and shall set forth:

(1)The name of the limited liability company.

(2)The effective date of the termination that was revoked.

(3)A statement that the limited

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(a) A limited liability company may revoke its termination within 90 days after the effective date of termination if the limited liability company has not begun to distribute its assets or has not commenced a proceeding for court supervision of its winding up under Section 35-4. (b) The limited liability company members or managers may revoke the termination if a majority of members or managers, respectively, approve the revocation. (c) Within 90 days after the termination has been revoked by the limited liability company, articles of revocation of termination shall be executed and filed in duplicate in accordance with Section 5-45 and shall set forth: (1) The name of the limited liability company. (2) The effective date of the termination that was revoked. (3) A statement that the limited liability company has not begun to distribute its assets nor has it commenced a proceeding for court supervision of its winding up. (4) The date the revocation of termination was authorized. (5) A statement that the limited liability company members or managers revoked the termination. (d) When the provisions of this Section have been complied with, the Secretary of State shall endorse the word "Filed" on the duplicate copy of the articles of revocation of termination. Failure of the limited liability company to file the articles of revocation of termination within the time period required in subsection (c) shall not be grounds for the Secretary of State to reject the filing, but the limited liability company filing beyond the time period shall pay a penalty as prescribed by this Act. (e) The revocation of termination is effective on the date of filing thereof by the Secretary of State and shall relate back and take effect as of the date of termination and the limited liability company may resume carrying on business as if termination had never occurred.