ILCS » Chapter 805 · Act 206
Illinois Compiled Statutes

805 ILCS 206/201 (2026)

Partnership as entity

✓ current as of May 2026
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(805 ILCS 206/201)
    Sec. 201. Partnership as entity.
    (a) A partnership is an entity distinct from its partners.
    (b) A limited liability partnership continues to be the same entity that existed before the filing of a statement of qualification under Section 1001 of this Act.
(Source: P.A. 92-740, eff. 1-1-03.)

    
Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2022–2022 · leading case: Westfield Ins. Co. v. Walsh/K-Five JV, 2022 IL App (1st) 210802-U (Ill. App. Ct. 2022).
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Westfield Ins. Co. v. Walsh/K-Five JV, 2022 IL App (1st) 210802-U (Ill. App. Ct. 2022). “” 805 ILCS 206/201(a) (West 2020). In other words, there is no doubt that a partnership constitutes an entity under Illinois law, regardless of the fact that it is not a separate legal entity.”
— 805 ILCS 206/201(a) — 1 case
Westfield Ins. Co. v. Walsh/K-Five JV, 2022 IL App (1st) 210802-U (Ill. App. Ct. 2022). “” 805 ILCS 206/201(a) (West 2020). In other words, there is no doubt that a partnership constitutes an entity under Illinois law, regardless of the fact that it is not a separate legal entity.”
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