All sections · Part V: Shares · Sub-Part III: Transfer of shares
60 Transfer of deceased member‘s share by personal representative
A transfer of the share of a deceased member of a company made by the
deceased member‘s personal representative, although the personal
representative is not a member of the company, is as valid as if the personal
representative had been a member at the time of the execution of the instrument
of transfer.
deceased member‘s personal representative, although the personal
representative is not a member of the company, is as valid as if the personal
representative had been a member at the time of the execution of the instrument
of transfer.
