(805 ILCS 180/15-20)
Sec. 15-20. Actions by members.
(a) A member may maintain an action against a limited liability company, a manager, or
another member for legal or equitable relief, with or without an
accounting as to the company's business, to enforce all of the following:
(1) The member's rights under the operating agreement.
(2) The member's rights under this Act.
(3) The rights and otherwise protect the interests of | ||
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(b) The accrual, and any time limited for the assertion, of a right of
action for a remedy under this Section is governed by other law. A
right to an accounting upon a dissolution and winding up does not revive a
claim barred by law.
(Source: P.A. 101-553, eff. 1-1-20 .)
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