Commercial Companies Law — Article 307 — Article (307) Death or Withdrawal of Partner of a Limited Liability Company
Part Eight: Termination of the Company's MOA · Chapter One: Reasons for Termination of Companies
The death of a partner in a Limited Liability Company or his withdrawal by a judgment of interdiction or declaring his bankruptcy or insolvency shall not lead to its dissolution unless so provided for in the Company's MOA. The share of the partner shall be transferred to his heirs and a legatee shall be considered an heir.
Interpretation and application must be checked against the official text and current version.
