Membership

Ex-members
7
1
This section applies where a member of a limited liability partnership has either ceased to be a member or—
a
has died,
b
has become bankrupt or had his estate sequestrated or has been wound up,
c
has granted a trust deed for the benefit of his creditors, or
d
has assigned the whole or any part of his share in the limited liability partnership (absolutely or by way of charge or security).
2
In such an event the former member or—
a
his personal representative,
b
his trustee in bankruptcy or permanent or interim trustee (within the meaning of the Bankruptcy (Scotland) Act 1985) or liquidator,
c
his trustee under the trust deed for the benefit of his creditors, or
d
his assignee,
may not interfere in the management or administration of any business or affairs of the limited liability partnership.
3
But subsection (2) does not affect any right to receive an amount from the limited liability partnership in that event.
1985 c. 66.