Illinois and Montana Legislation Effective June 1, 2020

Illinois Senate Bill 1495 (Public Act No. 53) signed by the governor August 23 and effective June 1, 2020 amends the  LLC act relating to LLC member liability to overrule the Dass v. Yale appellate court decision. 

Montana Senate Bill 325 signed by the governor May 2 and effective June 1, 2020 creates the Business Corporations Act in a revision of incorporation laws

CSC’s 2020 Illinois Laws Governing Business Entities Annotated is updated through Illinois Public Act 101-629, capturing all changes from the latest legislative session. Order your copy here.