Written Consent of Members in Lieu of Organizational Meeting
(Member-Managed) (IL LLC)

This Written Consent of Members in Lieu of Organizational Meeting (Member Managed) (IL LLC) may be used by a member-managed limited liability company formed under Illinois state law to take action on matters such as election of officers, bank accounts, fiscal year, and others. This template contains practical guidance, drafting notes, and optional clauses. Although the Illinois Limited Liability Company Act (Illinois LLCA) does not require the organizer of an Illinois LLC to hold organizational meetings, many LLCs choose to take organizational action for record-keeping purposes. The Illinois LLCA permits members to act by written consent, and sets forth certain matters that require the consent of all the members. 805 Ill. Comp. Stat. Ann. 180/15-1. For more information on formation of a Illinois Limited Liability Company, see Formation and Qualification (IL LLC)