Rights of Personal Representative. On the death or legal incompetency of a Member, his personal representative shall have all the rights of that Member for the purpose of settling his estate or managing his property, including the rights of assignment and withdrawal.
Appears in 5 contracts
Samples: Operating Agreement (IMH Financial Corp), Restated Operating Agreement (IMH Secured Loan Fund, LLC), Operating Agreement (Vestin Fund Iii LLC)
Rights of Personal Representative. On the death or legal incompetency of a Member, his personal representative shall have all the rights of that Member for the purpose purposes of settling his estate or managing his property, including the rights of assignment and withdrawal.
Appears in 2 contracts
Samples: Operating Agreement (Global Express Capital Real Estate Investment Fund I LLC), Operating Agreement (Amerifirst Fund I LLC)
