My question involves business law in the state of: Illinois
Hey, so I'm in a bit of a dilemma. I have started an LLC and listed five people as members in the articles of organization. One member will not sign the operating agreement, as we have a dispute over percentages. The other four members are willing to agree to my terms, however. If I just exclude his name in the operating agreement, and the rest of the members and I sign the operating agreement, will it be legally valid, and will he not be considered to be a part of the LLC? Can I then just update the articles of organization in the annual report?