Requesting books and records of an Illinois LLC under the recently amended Illinois LLC Act
Labor and Employment Law
, January 2018
This article explores what information is available to LLC members under the Act, the procedure for requesting said information, the rights of dissociated members to request the books and records, and the protections an LLC may employ to protect the books and records. The article also discusses the “proper exercise” requirement under Section 10-15(a) of the Act.
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