805 ILCS 180/25-1

(805 ILCS 180/25-1)

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.

(Source: P.A. 90-424, eff. 1-1-98.)