Application of the MOA terms in case of a partner's death

Hi,

There are 3 partners in an LLC company. One is local partner who holds 51 % of shares, the second partner holds 36 % of shares, and the third partner holds 13% of shares.

According to the memorandum of association, it's written that in case of second partner death, the 3rd partner will be the managing director of the company and have full rights to represent the company in all ministries, to sell, buy companies assets, to close, open bank accounts and to hire or fire staff, etc.

Now, the second partner passed away.

My question is: Will the company's bank accounts be frozen or the second partner has full rights according to the MOA?