Sec. 25-1. Interim distributions.
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/il/chapter-805/act-180/25-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 25-1. Interim distributions.
(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.