(805 ILCS 180/30-5)
Sec. 30-5. Transfer of a distributional interest. A transfer of a distributional interest does not entitle the transferee to become or to exercise any rights of a member. A transfer entitles the transferee to receive, to the extent transferred, only the distributions to which the transferor would be entitled.
(Source: P.A. 90-424, eff. 1-1-98.)
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Last modified: February 18, 2015