Illinois Statutes
§ 30-25 — Power of personal representative of deceased member
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 805 BUSINESS ORGANIZATIONS·Act 805 ILCS 180/ Limited Liability Company Act.·Art. Article 30 - Assignment of Membership Interests
If a member dies, the deceased member's personal representative or other legal representative may exercise the rights of a transferee provided in subsection (e) of Section 30-10 and, for the purposes of settling the estate, the rights of a current member under Section 10-15.
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Legislative History
(Source: P.A. 99-637, eff. 7-1-17 .)
Nearby Sections
15
§ 30
Confidentiality§ 30-10
Rights of a transferee§ 30-15
(Repealed)§ 30-20
Rights of creditor§ 304
Statement of denial§ 306
Partner's liability