Our transactional business attorneys and business litigation attorneys cannot overemphasize how important it is for any business to maintain and update the corporation's or limited liabilities business records. Business owners and corporate executives that are laissez faire about maintaining the corporate records or business records often regret this responsibility significantly; this is especially true when the business get sued, the business is audited, or the business is being bought or sold.
Business Maintenance
Our firm recognizes that all businesses have ongoing legal needs. As businesses mature, their legal needs grow. Our firm keeps current on changes in the law, and we help clients to be proactive in the management of their operations.
Business Maintenance Requirements
Illinois laws may require that certain formalities be met for the business entity to remain intact and to preserve the maximum liability protection. For example, a business must keep registration forms and fees current with the Secretary of State, a meeting of the shareholders and directors must be held at least annually, and the business entity must be operated in a manner that is financially distinct from its business owners. We help small businesses ensure that all legal obligations are met.
Corporate Maintenance Services Include:
» Amendments to Bylaws
» Amendments to Operating Agreements
» Amendments to Articles of Incorporation
» Amendments to Articles of Organization
» Drafting and Filing various Amendments with the Secretary of State
» Board of Director and Member Resolutions
» Annual Minutes and Consent Actions
» Maintaining Corporate Books and Ledgers