Illinois Llc Act Operating Agreement

Posted by KinkyGeeky on September 23, 2021

Waiver of Fiduciary Duties With the exception of due diligence, fiduciary duties may be limited or removed by the inclusion of clear language in the corporate agreement. The company agreement can now change the duty of care as long as it does not allow for intentional misconduct or violation of the law. . . .

Last modified on September 23, 2021