Death of an Individual Member. An individual Member upon death may Transfer an Interest by will, intestacy or otherwise by operation of law. In such event, unless the Company is dissolved pursuant to Section 9.1, the Company shall purchase, and the deceased Member's personal representative or other successors in interest to the deceased Member, if any, shall sell, the Interest held by the deceased Member as of the date of death.
Death of an Individual Member. Upon the death of an individual Member, the deceased Member will cease to be a Member. The estate of the deceased Member may be admitted to the Company as a Member upon compliance with Subsection 5.
