IL · LLC-OP-AGMT · Updated July 2026 · Free

Illinois LLC Operating Agreement PDF

Not Attorney-ReviewedAuthor: Arjun AnnamalaiMethodology: Statutory Verification

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Illinois at a glance: Governing Law: 805 ILCS 180/15-5 · Filing Fee: $150

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Overview

LLC Operating Agreements in Illinois

Illinois LLC operating agreements are governed by the Limited Liability Company Act (805 ILCS 180/).
Key Facts

Illinois LLC Operating Agreement — Quick Reference

RequirementIllinois Rule
Governing Law805 ILCS 180/15-5
Filing Fee$150
Legal Requirements

Illinois Legal Requirements

  • Agreement governs relations among members and cannot eliminate the duty of care.
Governing Laws

Illinois Governing Laws

805 ILCS 180/15-5
Operating Agreement
Defines the boundaries of Illinois company agreements.

Read the full text of these laws at Cornell Law School's Illinois legal resources or your state legislature's official website.

Questions & Answers

Illinois LLC Operating Agreement — Frequently Asked Questions

Are written operating agreements mandatory in Illinois?

Yes, a written operating agreement is required.