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Delaware · Through 2026-08-10 (85 Del. Laws, c. 421, 424) · Newer source version available

6 Del. C. § 18-705: Powers of estate of deceased or incompetent member.

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Where this section sits in the code
  1. Title 6. Commerce and Trade
  2. SUBTITLE II
  3. Other Laws Relating to Commerce and Trade
  4. CHAPTER 18. Limited Liability Company Act
  5. Subchapter VII. Assignment of Limited Liability Company Interests

If a member who is an individual dies or a court of competent jurisdiction adjudges the member to be incompetent to manage the member’s person or property, the member’s personal representative may exercise all of the member’s rights for the purpose of settling the member’s estate or administering the member’s property, including any power under a limited liability company agreement of an assignee to become a member. If a member is a corporation, trust or other entity and is dissolved or terminated, the powers of that member may be exercised by its personal representative.

Collected 2026-09-05T23:02:07Z. Source file · JSON

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