805 ILCS 180/25-1: Interim distributions.
Where this section sits in the code
- CHAPTER 805 BUSINESS ORGANIZATIONS
- Limited Liability Company Act.
(a) Any distributions made by a limited liability company before its dissolution and winding up must be in equal shares.
(b) A member has no right to receive, and may not be required to accept, a distribution in kind.
Collected 2026-09-15T04:46:47Z. Source file · JSON