Illinois Compiled Statutes 805 ILCS 215 Uniform Limited Partnership Act (2001). Section 704

    (805 ILCS 215/704)

    Sec. 704. Power of estate of deceased partner. If a partner dies, the deceased partner's personal representative or other legal representative may exercise the rights of a transferee as provided in Section 702 and, for the purposes of settling the estate, may exercise the rights of a current limited partner under Section 304.

(Source: P.A. 93-967, eff. 1-1-05.)

Sections:  Previous  701  702  703  704

Last modified: February 18, 2015