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Illinois · Through at least Public Act 104-790

805 ILCS 180/25-1: Interim distributions.

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Where this section sits in the code
  1. CHAPTER 805 BUSINESS ORGANIZATIONS
  2. 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

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