805 ILCS 180/25-1

805 ILCS 180/25-1
in effect
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(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.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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