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)